Jefferies analyst Brent Thill raised the firm’s price target on Dynatrace (DT) to $65 from $60 and keeps a Buy rating on the shares. Dynatrace is going through several transitions as it navigates an environment that is moving towards larger strategic deals, notes the analyst, who sees multiple catalysts – including pricing, go-to-market changes, and product – on the horizon to reignite growth.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DT:
- Uber downgraded, Zoom Video upgraded: Wall Street’s top analyst calls
- Wedbush upgrades Dynatrace to Outperform on AI ‘revolution’ tailwinds
- Dynatrace assumed at Outperform from Neutral at Wedbush
- StockTok: Judge rules Meta must face attorneys general lawsuit
- DA Davidson software analysts hold an analyst/industry conference call