RBC Capital Maintains Outperform on Elastic, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Elastic (NYSE:ESTC) and raises the price target from $84 to $87.
September 01, 2023 | 2:11 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Elastic and raises the price target from $84 to $87, indicating a positive outlook for the company.
The raised price target by RBC Capital indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100