Scotiabank lowered the firm’s price target on Elastic (ESTC) to $95 from $137 and keeps an Outperform rating on the shares. The company’s top-line metrics underwhelmed in Q4 and in the FY26 outlook, which is disappointing after two quarters in a row of strong execution, the analyst tells investors.
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Read More on ESTC:
- Elastic price target lowered to $115 from $119 at RBC Capital
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