UBS Maintains a Hold Rating on ​Atlassian Corporation (TEAM)

Group 1 - Atlassian Corporation (NASDAQ:TEAM) is considered one of the Best 52-Week Low Stocks to Invest In, with recent price target adjustments from UBS and TD Cowen [1][2] - TD Cowen analysts express cautious optimism regarding the stock, citing positive momentum in Jira Services, cloud migrations, and new packaging options that could support near-term share price recovery [2] - Despite positive factors, there is concern over the company's AI products, which are not gaining traction and may impact core revenue by reducing the need for paid user seats [3] Group 2 - Atlassian develops team collaboration and productivity software, including tools like Jira, Confluence, Bitbucket, and Loom, all integrated on a unified cloud platform with AI features [4] - While Atlassian shows potential as an investment, there are other AI stocks perceived to offer greater upside potential and less downside risk [5]