Baird Maintains Outperform on Elastic, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Shrenik Kothari maintains an Outperform rating on Elastic (NYSE:ESTC) and raises the price target from $85 to $90.
September 29, 2023 | 10:52 am
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POSITIVE IMPACT
Baird analyst maintains Outperform rating on Elastic and raises the price target to $90, indicating positive sentiment towards the stock.
The raised price target by Baird analyst indicates a positive outlook for Elastic. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100