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Analysts’ Opinions Are Mixed on These Technology Stocks: Twilio (TWLO) and Atlassian (TEAM)

Tipranks - Thu Apr 16, 11:02PM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Twilio (TWLO) and Atlassian (TEAM).

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Twilio (TWLO)

TD Cowen analyst Derrick Wood reiterated a Buy rating on Twilio yesterday and set a price target of $160.00. The company’s shares closed last Wednesday at $134.07.

According to TipRanks.com, Wood is ranked 0 out of 5 stars with an average return of -2.2% and a 41.9% success rate. Wood covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, ServiceNow, and Monday.com. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Twilio with a $145.63 average price target, representing a 15.3% upside. In a report issued on April 5, Jefferies also upgraded the stock to Buy with a $160.00 price target.

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Atlassian (TEAM)

In a report released yesterday, Andrew Sherman from TD Cowen maintained a Hold rating on Atlassian, with a price target of $85.00. The company’s shares closed last Wednesday at $66.00.

According to TipRanks.com, Sherman has 0 stars on 0-5 stars ranking scale with an average return of -11.8% and a 29.0% success rate. Sherman covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Procore Technologies, and Tyler Technologies. ;'>

Currently, the analyst consensus on Atlassian is a Strong Buy with an average price target of $155.05, representing a 152.6% upside. In a report issued on March 31, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $70.00 price target.

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