ESTC Elastic NV

Canaccord Genuity analyst Kingsley Crane reiterated a Buy rating on Elastic (ESTC - Research Report) yesterday and set a price target of $100.00. The company's shares closed yesterday at $84.98.Crane covers the Technology sector, focusing on stocks such as Splunk, New Relic, and Elastic. According to TipRanks, Crane has an average return of -11.4% and a 30.56% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Elastic with a $105.50 average price target, implying a 24.15% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $95.
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