Media stories about Atlassian Corporation PLC (NASDAQ:TEAM) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Atlassian Corporation PLC earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.1434100330519 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

TEAM has been the topic of a number of research reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $41.00 price target on shares of Atlassian Corporation PLC in a research note on Friday, June 2nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $40.00 price target on shares of Atlassian Corporation PLC in a research note on Friday, April 28th. Zacks Investment Research raised shares of Atlassian Corporation PLC from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Friday. BMO Capital Markets reaffirmed a “hold” rating and issued a $29.00 price target on shares of Atlassian Corporation PLC in a research note on Friday, April 21st. Finally, ValuEngine raised shares of Atlassian Corporation PLC from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $36.09.

Atlassian Corporation PLC (TEAM) remained flat at $35.65 during mid-day trading on Monday. 214,893 shares of the company traded hands. Atlassian Corporation PLC has a one year low of $23.80 and a one year high of $37.90. The company has a 50-day moving average price of $35.76 and a 200 day moving average price of $30.69. The firm’s market capitalization is $8.04 billion.

Atlassian Corporation PLC (NASDAQ:TEAM) last issued its earnings results on Thursday, April 27th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.05. Atlassian Corporation PLC had a negative return on equity of 1.74% and a negative net margin of 4.62%. The company had revenue of $159.90 million for the quarter, compared to analysts’ expectations of $156.64 million. During the same period last year, the business earned $0.07 EPS. Atlassian Corporation PLC’s quarterly revenue was up 35.6% compared to the same quarter last year. On average, equities research analysts expect that Atlassian Corporation PLC will post $0.33 EPS for the current year.

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About Atlassian Corporation PLC

Atlassian Corporation Plc is a holding company. The Company offers a range of team collaboration products. The Company offers products, including JIRA, Confluence, HipChat, Bitbucket and JIRA Service Desk, for software developers, information technology (IT) managers and knowledge workers. The Company offers JIRA for team planning and project management; Confluence for team content creation and sharing; HipChat for team real-time messaging and communications; Bitbucket for team code sharing and management, and JIRA Service Desk for team service and support applications.

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