Wall Street Analysts See a 30.05% Upside in Elastic (ESTC): Can the Stock Really Move This High?

Shares of Elastic (ESTC) have gained 0% over the past four weeks to close the last trading session at $86.29, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of$112.22 indicates a potential upside of 30.1%.The mean estimate comprises 23 short-term price targets with a standard deviation of $15.79. While the lowest estimate of$75 indicates a 13.1% decline from the current price le ...