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Dynatrace price target lowered to $55 from $60 at Guggenheim

Guggenheim analyst John DiFucci lowered the firm’s price target on Dynatrace to $55 from $60 and keeps a Buy rating on the shares. Dynatrace field checks suggest “a somewhat challenging period after a solid” fiscal Q4, but “the numerical setup is favorable for the rest of FY25” after modest upside in fiscal Q1, the analyst tells investors in a preview note. The firm, which expects a modest beat and raise in Q1, sees upside potential to full year guidance, but is lowering the firm’s price target to reflect lower revenue in the out years, the analyst added.

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