Oppenheimer analyst Ittai Kidron maintains Elastic (NYSE:ESTC) with a Outperform and lowers the price target from $110 to $90.
Nasdaq Gains 1.4%, Market Volatility Eases
U.S. markets closed higher on Thursday, with the Nasdaq Composite jumping around 1.4%.
Majority of the sectors on the S&P 500 settled higher, with consumer discretionary stocks recording the biggest surge on Thursday. Energy, however, was the worst performing sector in the previous session.
