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 Wednesday at $61.94, close to its 52-week low of $50.74. According to TipRanks.com, White is a 5-star analyst with an average return of 11.1% and a 59.1% success rate. White covers the Technology sector, focusing on stocks such as Palantir Technologies, Spotify Technology SA, and Alphabet Class A. Currently, the analyst consensus on Elastic is a Strong Buy with an average price target of $101.18, implying a 63.4% upside from current levels.
https://www.tipranks.com/news/blurbs/monness-thinks-elastics-stock-is-going-to-recover-2?utm_source=advfn.com&utm_medium=referral
Elastic NV (NYSE:ESTC)
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