Jefferies Financial Group started coverage on shares of Elastic (NYSE:ESTC) in a report published on Tuesday morning, MarketBeat Ratings reports. The firm issued a hold rating and a $65.00 target price on the stock.
ESTC traded down $2.48 during midday trading on Tuesday, reaching $64.72. 3,140 shares of the company’s stock were exchanged, compared to its average volume of 303,582. Elastic has a one year low of $58.55 and a one year high of $74.20.
Elastic Company Profile
Elastic N.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. It primarily provides Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization.
Featured Story: Inflation
Receive News & Ratings for Elastic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elastic and related companies with MarketBeat.com's FREE daily email newsletter.