The Latest Analyst Ratings for Elastic
Portfolio Pulse from Benzinga Insights
Elastic (NYSE:ESTC) has received various analyst ratings in the last quarter, with 5 bullish, 6 somewhat bullish, and 4 indifferent. The average price target is $76.53, indicating an upside from the current price of $67.68. This target has increased by 10.02% over the past month.
July 18, 2023 | 3:01 pm
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Elastic has received mixed analyst ratings, but the average price target suggests an upside.
The mixed analyst ratings indicate uncertainty, but the average price target, which is higher than the current price, suggests that the stock may rise in the short term. The increase in the price target over the past month also indicates growing confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100