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30,545 signal articles · 148 in last 24h · 154,889 total before filter · latest 15m ago
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Barclays Hikes Atlassian Price Target to $112: Annual Recurring Revenue Disclosure Validates the Enterprise Bull Case
24/7 Wall St.141d agoneutral
Barclays Hikes Atlassian Price Target to $112: Annual Recurring Revenue Disclosure Validates the Enterprise Bull Case

Barclays raised its price target on Atlassian (NASDAQ:TEAM) stock to $112 from $106 while keeping an Overweight rating, declaring that the company’s new annual recurring revenue (ARR) disclosure validates the improving trajectory of its growth algorithm. The price target raise follows Atlassian’s investor forum, where management spotlighted clear enterprise momentum behind the Jira and Confluence ... Barclays Hikes Atlassian Price Target to $112: Annual Recurring Revenue Disclosure Validates the

Freshworks to cut 11% jobs as AI reshapes software sector
Reuters142d agoneutral
Freshworks to cut 11% jobs as AI reshapes software sector

Freshworks said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company grapples ‌with an industry being reshaped by artificial intelligence. Shares of the company were ‌down around 5% in extended trading. Peer Atlassian, last month, said it would slash roughly 10% of jobs.