This Elastic Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

• Roth MKM analyst Justin Clare initiated coverage on Atkore Inc. ATKR with a Buy rating and announced a price target of $100. Atkore shares closed at $84.61 on Monday. See how other analysts view this stock.
• Piper Sandler analyst Patrick Moley initiated coverage on Riot Platforms, Inc. RIOT with an Overweight rating and announced a price target of $23. Riot Platforms shares closed at $14.03 on Monday. See how other analysts view this stock.
• Deutsche Bank analyst Andrew Krill initiated coverage on Watts Water Technologies, Inc. WTS with a Hold rating and announced a price target of $240. Watts Water Technologies shares closed at $218.67 on Monday. See how other analysts view this stock.
• Morgan Stanley analyst Sanjit Singh initiated coverage on Elastic N.V. ESTC with an Overweight rating and announced a price target of $130. Elastic shares closed at $104.61 on Monday. See how other analysts view this stock.
• Oppenheimer analyst Steve Lichtman initiated coverage on Penumbra, Inc. PEN with an Outperform rating and announced a price target of $275. Penumbra shares closed at $247.24 on Monday. See how other analysts view this stock.

Considering buying ESTC stock? Here’s what analysts think:

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