Wall Street Analysts Think Elastic (ESTC) Could Surge 33.9%: Read This Before Placing a Bet

Elastic (ESTC) closed the last trading session at $77.35, gaining 1.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $103.57 indicates a 33.9% upside potential. The average comprises 21 short-term price targets ranging from a low of $75 to a high of $160, with a standard deviation of $17.46. While the lowest estimate indicates a decline of 3% from the current price level, the mos ...