Wall Street Analysts Believe Elastic (ESTC) Could Rally 35.65%: Here's is How to Trade

Elastic (ESTC) closed the last trading session at $82.69, gaining 2.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 112.17 indicates a 35.7% upside potential.The average comprises 24 short-term price targets ranging from a low of $75.00 to a high of$ 148.00, with a standard deviation of $15.45. While the lowest estimate indicates a decline of 9.3% from the current price level, ...