Guggenheim Initiates Coverage On Elastic with Buy Rating, Announces Price Target of $100
Portfolio Pulse from Benzinga Newsdesk
Guggenheim has initiated coverage on Elastic (NYSE:ESTC) with a Buy rating and set a price target of $100.
September 11, 2024 | 10:03 am
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Guggenheim has initiated coverage on Elastic with a Buy rating and a price target of $100, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a $100 price target by Guggenheim suggests a positive sentiment towards Elastic's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100