Elastic N.V. (ESTC) Appoints Ashutosh Kulkarni as CEO

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Elastic NV. (ESTC) PT Lowered to $130 at Goldman Sachs

January 13, 2022 6:57 AM EST

Goldman Sachs analyst Kash Rangan lowered the price target on Elastic NV. (NYSE: ESTC) to $130.00 (from $150.00) while maintaining a Neutral rating on the CEO and leadership transitions.

"In our view, the transitions of the CEO and Head of WW sales adds near-term risk and... More

Elastic N.V. (ESTC) Stock Falls as Founder Shay Banon Steps Down as CEO

January 12, 2022 6:10 PM EST

Elastic (NYSE: ESTC) made an announcement today, according to which Ashutosh (Ash) Kulkarni was promoted to the role of CEO and nominated to the Board of Directors. Kulkarni, who joined the company in January 2021 as a chief product officer, will succeed Shay... More