Stifel Maintains Buy on Elastic, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Buy rating on Elastic (NYSE:ESTC) and raises the price target from $60 to $70.

June 02, 2023 | 1:18 pm
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Stifel analyst Brad Reback maintains a Buy rating on Elastic and raises the price target from $60 to $70.
The news of Stifel maintaining a Buy rating on Elastic and raising the price target from $60 to $70 indicates a positive outlook for the company's stock. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100