((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
Oct. 1 – **Shares of business software maker Atlassian TEAM.O rise 2.6% to $162 premarket
**Raymond James raises the title from “perform” to “outperform” from “perform the market”
**The brokerage estimates that cloud net revenue retention, inorganic contributions and data center migration benefits could push annual cloud growth toward the mid to high 20% range, per compared to the low 20% range provided by the company
**We see a path to cloud computing growth of around 20% and total business growth approaching 20%,” says Raymond James
**18 of 29 brokerages rate the stock as “buy” or higher, 11 as “hold”; their median forecast is $200 – LSEG data
** Through last close, the stock was down 33% year-to-date
