Scotiabank Initiates Coverage On Elastic with Sector Outperform Rating, Announces Price Target of $185
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Patrick Colville initiates coverage on Elastic (NYSE:ESTC) with a Sector Outperform rating and a price target of $185.

February 15, 2024 | 12:02 pm
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Scotiabank initiated coverage on Elastic with a Sector Outperform rating and set a price target of $185.
The initiation of coverage by Scotiabank with a Sector Outperform rating and a high price target of $185 is likely to generate positive sentiment among investors, potentially driving up the stock price in the short term. The analyst's bullish stance and the specific price target provide a clear positive signal to the market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100