DA Davidson keeps a Buy rating and $65 price target on Dynatrace after hosting an investor call with its management team. The firm has come away with a greater understanding of Dynatrace’s opportunity with the Global 500, recent go-to-market changes, and its security aspirations, the analyst tells investors in a research note. The company appears to have figured out how to operate well in tighter macro conditions where budget scrutiny remains a factor, while its management team has also made proactive and offensive changes to its go-to-market to more directly attack the observability opportunity, the firm added.
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