Goldman Sachs Maintains Neutral on Elastic, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kash Rangan has maintained a Neutral rating on Elastic (NYSE:ESTC) and increased the price target from $93 to $106.
March 01, 2024 | 2:30 pm
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Goldman Sachs maintains a Neutral rating on Elastic, raising the price target from $93 to $106.
The increase in price target by Goldman Sachs suggests a positive outlook on Elastic's stock value in the short term, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100