Citigroup Maintains Buy on Elastic, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Josh Wolfson maintains a Buy rating on Elastic (NYSE:ESTC) and raises the price target from $75 to $92.
June 01, 2023 | 10:54 am
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POSITIVE IMPACT
Citigroup analyst maintains Buy rating on Elastic (NYSE:ESTC) and raises price target from $75 to $92.
The news of Citigroup maintaining a Buy rating on Elastic and raising the price target from $75 to $92 is positive for the company. This indicates that the analyst believes the stock has potential for further growth and is likely to attract more investors, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100