ESTC Maintained by Oppenheimer -- Price Target Raised to $118
Oppenheimer maintained an 'Outperform' rating for Elastic (ESTC) and raised its price target to $118 from $100. The company's stock is currently trading at $97.81, which is 7.0% below its GF Value™ of $105.18, suggesting it is undervalued. Elastic has a GF Score™ of 81/100, indicating strong overall performance, particularly in growth and valuation. Five gurus hold positions in ESTC, with four adding to their stakes recently.