Elastic price target lowered to  from 0 at Oppenheimer

Elastic price target lowered to $85 from $100 at Oppenheimer

Oppenheimer lowered the company’s price target price in elastic (ESTC) to $85 from $100 and maintains an Outperform rating on the stock. The firm notes that Elastic reported strong Q3 results and raised FY26 guidance on broad demand and stable commitments/consumption. Oppenheimer sees fourth-quarter guidance as conservative and likely to provide upside potential. First published…

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