|Day Low/High||34.85 / 35.32|
|52 Wk Low/High||23.80 / 39.25|
New product redraws the lines of the communication market to help teams accomplish real work
In recent trading, shares of Atlassian Corp PLC have crossed above the average analyst 12-month target price of $37.71, changing hands for $38.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Already a big provider of cloud infrastructure services and developer tools, Amazon now seems intent on being a major seller of cloud business apps.
The Atlassian Stack Helps Enterprises Modernize Cross-team Collaboration by Removing Barriers Between Technical and Non-technical teams
The offer followed a transpacific Twitter exchange with Michael Cannon-Brookes, the Australian billionaire and co-founder of Atlassian, who promised to secure funding and political backing.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: KCG, VISI Downgrades: CTRN, GVP, IBM, TSNU Initiations: TEAM Read on to get TheStreet Quant Ratings' detailed report:
Atlassian to launch new Trello integrations for Leading Collaboration Services - JIRA Software, HipChat, Confluence and Bitbucket
Like Salesforce, Workday is seeing slowing growth in its original market. To keep growing rapidly, the company needs to expand its presence in adjacent fields featuring tough competition.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
Slack has become the leader in workplace communication platforms, but with similar offerings from Microsoft and Facebook, how long can it keep control of the market?
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