Elastic Announces Intent to Acquire Endgame

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Elastic NV. (ESTC) PT Raised to $135 at BofA/Merrill Lynch

June 6, 2019 9:21 AM EDT

BofA/Merrill Lynch analyst Kash Rangan raised the price target on Elastic NV. (NYSE: ESTC) to $135.00 (from $115.00) while maintaining a Buy rating following the company's 4Q. revenues grew +68% y/y CC, coming in 4% ahead of street estimates. However stock was down 2% after hours... More