Stifel Maintains Buy on Elastic, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Buy rating on Elastic (NYSE:ESTC) and raises the price target from $70 to $83.
September 01, 2023 | 1:02 pm
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Stifel analyst Brad Reback maintains a Buy rating on Elastic and raises the price target from $70 to $83. This could potentially lead to an increase in the stock price.
The raised price target by Stifel indicates a positive outlook for Elastic. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100