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-0.00252720165326292 -0.00123247765356175 -0.00298159998008115 -0.00283843338396033 -0.00682531185419411 -0.0202176132261036 -0.00936185045937801 -0.0133082688046211
Stock impact report

Baird upgrades Atlassian on upside from platform shift and GenAI push [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
in generative AI, and an attractive valuation that offers nearly 30% upside from current levels. Analysts are "incrementally” bullish on Atlassian's enterprise ambitions and upgraded the stock with a $255 price target. Atlassian is becoming a true platform, Baird wrote, on improved product consistency, a three-cloud approach, and positive customer feedback on the company's positioning in the commercial and enterprise segments. The firm also pointed to new product bundles and the integration of Rovo, Atlassian's generative AI assistant, into standard subscriptions at no extra cost. The inclusion of Rovo was described as a meaningful catalyst for GenAI adoption among customers, and Baird noted that user feedback suggests the move is encouraging deeper platform engagement. While some on Wall Street remain concerned about the potential erosion of Jira seats due to automation, Baird argued that the growing importance of developers and engineers in AI-driven workflows actually rei Show less Read more
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