Wells Fargo Maintains Equal-Weight on Elastic, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Equal-Weight rating on Elastic (NYSE:ESTC) and raises the price target from $67 to $70.
September 01, 2023 | 1:17 pm
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Wells Fargo maintains an Equal-Weight rating on Elastic and raises the price target from $67 to $70.
The news is directly related to Elastic (ESTC) as Wells Fargo maintains an Equal-Weight rating on the company and raises the price target. This could potentially lead to an increase in the stock price in the short term as it indicates a positive outlook from the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100