Highly elastic goods see their supply or demand change rapidly with relatively small price changes. Rising prices often ...
Price elasticity measures how demand changes with price; it gauges a firm's pricing power. Investors should examine firms' price elasticity to decide if a product has sustainable profit potential.
Citi analyst Tyler Radke maintained a Buy rating on Elastic (ESTC – Research Report) today and set a price target of $136.00.Don't Miss out on ...