Barclays Maintains Equal-Weight on Elastic, Lowers Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Elastic (ESTC) and lowers the price target from $130 to $128.
March 01, 2024 | 11:16 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays maintains an Equal-Weight rating on Elastic and lowers the price target from $130 to $128.
The reduction in price target by Barclays, despite maintaining the Equal-Weight rating, could lead to a negative short-term sentiment among investors, potentially causing a slight decrease in ESTC's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100