Rosenblatt Reiterates Buy on Elastic, Maintains $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Blair Abernethy has reiterated a 'Buy' rating on Elastic (NYSE:ESTC) and maintained a price target of $80.
September 01, 2023 | 11:05 am
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Rosenblatt analyst has reiterated a 'Buy' rating on Elastic, maintaining a price target of $80.
The reiteration of a 'Buy' rating by a Rosenblatt analyst indicates a positive outlook for Elastic. The maintained price target of $80 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100