Monness analyst Brian White maintained a Hold rating on Elastic (ESTC - Research Report) today. The company's shares opened today at $80.50.White covers the Technology sector, focusing on stocks such as Apple, Meta Platforms, and Alphabet Class A. According to TipRanks, White has an average return of 12.1% and a 60.00% success rate on recommended stocks. Currently, the analyst consensus on Elastic is a Strong Buy with an average price target of $105.50.See today’s best-performing stocks on TipRanks >>Based on Elastic's latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $239.36 million and a GAAP net loss of $65.61 million.
https://www.tipranks.com/news/blurbs/elastic-estc-receives-a-hold-from-monness?utm_source=advfn.com&utm_medium=referral
Elastic NV (NYSE:ESTC)
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