Analysts Say AI Is Not the ‘Death Knell’ for Atlassian (TEAM) Stock
Atlassian Corporation (NASDAQ:TEAM) is one of the AI Stocks Analysts Say You Should Watch Closely. On September 11, Guggenheim analyst Howard Ma initiated coverage on the stock with a Buy rating and a price target of $225.00. According to the firm, investor sentiment on the shares has been “depressed” due to concerns that AI coding tools is going to impact Atlassian’s seat-based model negatively. Nevertheless, the analysts told investors in a research note that even though there are indications that AI m ...