Monness analyst Brian White maintained a Buy rating on Elastic (ESTC – Research Report) today and set a price target of $93.00. The company's shares closed last Tuesday at $57.10, close to its 52-week low of $50.74. According to TipRanks.com, White is a 5-star analyst with an average return of 10.8% and a 56.9% success rate. White covers the Technology sector, focusing on stocks such as Palantir Technologies, Spotify Technology SA, and Alphabet Class A. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Elastic with a $113.10 average price target, a 94.2% upside from current levels.
https://www.tipranks.com/news/blurbs/monness-thinks-elastics-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Elastic NV (NYSE:ESTC)
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