In a report released today, Jonathan Ruykhaver from Robert W. Baird maintained a Hold rating on Elastic (ESTC – Research Report), with a price target of $75.00. The company's shares closed last Wednesday at $61.94, close to its 52-week low of $50.74. According to TipRanks.com, Ruykhaver is a top 100 analyst with an average return of 27.3% and a 64.0% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Tufin Software Technologies, Ping Identity Holding, and CrowdStrike Holdings. Elastic has an analyst consensus of Strong Buy, with a price target consensus of $109.30, which is a 75.1% upside from current levels.
https://www.tipranks.com/news/blurbs/elastic-estc-receives-a-hold-from-robert-w-baird?utm_source=advfn.com&utm_medium=referral
Elastic NV (NYSE:ESTC)
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