Atlassian's Cloud Strength, AI Momentum, Enterprise Deals Impress Analysts

1. Multiple analysts raised price targets for TEAM after strong quarterly performance. 2. Atlassian achieved 21% year-over-year revenue growth, beating consensus estimates. 3. Cloud revenue was $847 million, an increase of 30% year-over-year. 4. Enterprise and AI initiatives are expected to significantly drive future growth. 5. Stock is up 13.1% following positive analyst ratings and earnings report.