RBC Capital Reiterates Outperform on Elastic, Maintains $84 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg has reiterated his 'Outperform' rating on Elastic (NYSE:ESTC) and maintained the price target at $84.
July 18, 2023 | 1:10 pm
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POSITIVE IMPACT
Elastic's stock rating has been reiterated as 'Outperform' by RBC Capital, with a maintained price target of $84.
The reiteration of the 'Outperform' rating and maintained price target by RBC Capital indicates a positive outlook for Elastic. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100