Stifel Maintains Buy on Elastic, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Buy rating on Elastic (NYSE:ESTC) and raises the price target from $99 to $130.
March 01, 2024 | 1:55 pm
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Stifel analyst Brad Reback maintains a Buy rating on Elastic and raises the price target from $99 to $130.
The increase in price target by Stifel from $99 to $130 reflects a positive outlook on Elastic's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100