Atlassian Corporation (NASDAQ:TEAM) is listed as one of the Best NASDAQ Stocks to Buy with Huge Upside Potential. Morgan Stanley analyst Keith Weiss maintained a Buy rating on the company with a $320 price target on September 9. Atlassian plans to phase out Data Center products by March 2029, boosting revenue and operating margins.

Weiss anticipates strong growth in Atlassian’s Cloud segment post-fiscal 2026. The company has introduced the Atlassian Ascend program to aid clients in transitioning from Data Center to Cloud smoothly. Atlassian specializes in software for team collaboration and project management with products like Jira and Confluence.

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Disclosure: None. Source: Insider Monkey.

Read more at Yahoo Finance: Morgan Stanley Maintains Buy on Atlassian Corporation (TEAM)