Goldman Sachs Maintains Neutral on Elastic, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on Elastic (NYSE:ESTC) and raised the price target from $73 to $83.
September 05, 2023 | 1:34 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on Elastic and raised the price target from $73 to $83.
The news is directly about Elastic (ESTC). Goldman Sachs' decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $73 to $83 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100