Oppenheimer Reiterates Outperform on Elastic, Maintains $80 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ittai Kidron reiterated an Outperform rating on Elastic (NYSE:ESTC) and maintained an $80 price target.
June 02, 2023 | 11:55 am
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Oppenheimer analyst Ittai Kidron reiterated an Outperform rating on Elastic and maintained an $80 price target.
The reiteration of the Outperform rating and maintenance of the $80 price target by Oppenheimer analyst Ittai Kidron indicates a positive outlook for Elastic's stock. This news is likely to have a positive short-term impact on the stock price as it reaffirms the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100