Citigroup Maintains Buy on Elastic, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on Elastic (NYSE:ESTC) and raises the price target from $140 to $165.
February 27, 2024 | 4:53 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst Tyler Radke maintains a Buy rating on Elastic and raises the price target from $140 to $165.
The upgrade in price target by a reputable analyst like Tyler Radke from Citigroup suggests a strong confidence in Elastic's future performance. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100