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Elastic price target lowered to $90 from $105 at TD Cowen
Elastic price target lowered to $90 from $105 at TD Cowen

Yahoo

time31-05-2025

  • Business
  • Yahoo

Elastic price target lowered to $90 from $105 at TD Cowen

TD Cowen analyst Andrew Sherman lowered the firm's price target on Elastic (ESTC) to $90 from $105 and keeps a Hold rating on the shares. The firm said Cloud revenues slightly missed Street, the first miss since 4Q23. FY26 revenues guide of 12% below Street of 14%, in part due to US Fed weakness seen in 1Q. Management believes this is de-risked but Cowen thinks this will need to be proven out. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on ESTC: Disclaimer & DisclosureReport an Issue Elastic price target lowered to $110 from $135 at Wedbush Elastic price target lowered to $92 from $109 at Cantor Fitzgerald Guggenheim lowers Elastic price target, recommends buying on weakness Elastic price target lowered to $115 from $125 at Baird Elastic price target lowered to $112 from $140 at Stifel Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

TD Cowen Remains a Hold on PagerDuty (PD)
TD Cowen Remains a Hold on PagerDuty (PD)

Business Insider

time30-05-2025

  • Business
  • Business Insider

TD Cowen Remains a Hold on PagerDuty (PD)

In a report released yesterday, Andrew Sherman from TD Cowen reiterated a Hold rating on PagerDuty (PD – Research Report), with a price target of $17.00. The company's shares closed yesterday at $16.10. Confident Investing Starts Here: Sherman covers the Technology sector, focusing on stocks such as PagerDuty, JFrog, and Procore Technologies. According to TipRanks, Sherman has an average return of 12.3% and a 69.23% success rate on recommended stocks. In addition to TD Cowen, PagerDuty also received a Hold from Monness's Brian White in a report issued on May 21. However, on May 18, RBC Capital maintained a Buy rating on PagerDuty (NYSE: PD).

TD Cowen Reaffirms Their Hold Rating on Elastic (ESTC)
TD Cowen Reaffirms Their Hold Rating on Elastic (ESTC)

Business Insider

time30-05-2025

  • Business
  • Business Insider

TD Cowen Reaffirms Their Hold Rating on Elastic (ESTC)

In a report released yesterday, Andrew Sherman from TD Cowen reiterated a Hold rating on Elastic (ESTC – Research Report), with a price target of $90.00. The company's shares closed yesterday at $92.03. Confident Investing Starts Here: Sherman covers the Technology sector, focusing on stocks such as PagerDuty, JFrog, and Procore Technologies. According to TipRanks, Sherman has an average return of 12.3% and a 69.23% success rate on recommended stocks. Currently, the analyst consensus on Elastic is a Moderate Buy with an average price target of $119.86, which is a 30.24% upside from current levels. In a report released on May 27, Cantor Fitzgerald also reiterated a Hold rating on the stock with a $109.00 price target. The company has a one-year high of $123.96 and a one-year low of $69.00. Currently, Elastic has an average volume of 1.76M. Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ESTC in relation to earlier this year. Most recently, in March 2025, Carolyn Herzog, the CLO of ESTC sold 4,500.00 shares for a total of $440,415.00.

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