Barclays Maintains Overweight on Elastic, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Elastic (NYSE:ESTC) and raises the price target from $83 to $86.
September 01, 2023 | 1:39 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Elastic and raises the price target from $83 to $86, which could positively impact the stock's price.
The raised price target by Barclays indicates a positive outlook for Elastic. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100