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Elastic price target lowered to $82 from $100 at Canaccord
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Elastic price target lowered to $82 from $100 at Canaccord

Canaccord analyst Kingsley Crane lowered the firm’s price target on Elastic to $82 from $100 and keeps a Buy rating on the shares. The analyst said management commentary on growth indicates additional approvals within some customers as well as a tightening of demand.

Published first on TheFly

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