RBC Capital Reiterates Outperform on Elastic, Maintains $84 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg reiterated an Outperform rating on Elastic (NYSE:ESTC) and maintained an $84 price target.

June 02, 2023 | 2:31 pm
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RBC Capital's Matthew Hedberg reiterated an Outperform rating on Elastic (NYSE:ESTC) and maintained an $84 price target.
The reiteration of an Outperform rating by RBC Capital's analyst Matthew Hedberg indicates a positive outlook for Elastic's stock. The maintained $84 price target suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on Elastic's stock price.
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