- ESTC -15.44% OPY -4.46%
Oppenheimer lowered the firm’s price target on Elastic (ESTC) to $85 from $100 and keeps an Outperform rating on the shares. The firm notes Elastic reported solid Q3 results and raised FY26 guidance on broad-based demand and steady commitments/consumption. Oppenheimer views the Q4 guidance as conservative, setting up likely upside potential.
Claim 50% Off TipRanks Premium
-
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-
Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ESTC:
Disclaimer & DisclosureReport an Issue
-
Elastic price target lowered to $95 from $110 at UBS
-
Elastic price target lowered to $75 from $108 at Stifel
-
Elastic price target lowered to $92 from $115 at Baird
-
Elastic: Solid AI-Driven Growth Offset by Slowing Revenue Momentum, Justifying a Hold Rating
-
Elastic price target raised to $99 from $98 at JPMorgan