Canaccord Genuity Maintains Buy on Elastic, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane maintains a Buy rating on Elastic (NYSE:ESTC) and raises the price target from $79 to $85.
September 01, 2023 | 2:26 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a Buy rating on Elastic and raises the price target from $79 to $85, which could lead to a positive market reaction.
The raised price target by Canaccord Genuity indicates a positive outlook for Elastic. 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