Canaccord analyst Kingsley Crane raised the firm’s price target on Dynatrace (DT) to $65 from $63 and keeps a Buy rating on the shares. The firm said its F3Q headline metrics came in a little light, but upon peeling back the onion, the business is performing about as expected. Canaccord continues to be bullish on the company’s logging opportunity, and there were some encouraging data points this quarter with 1,000 customers using logs with 50% of net-new logos added over the past year using logs.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DT:
- How Catastrophic Events Threaten Dynatrace’s Cloud Operations and Financial Stability
- Dynatrace’s Q3 2025 Earnings: Strong Growth and Innovation
- Morning Movers: UPS and Cigna plunge double digits following Q4 results
- Dynatrace reports Q3 non-GAAP EPS 37c, consensus 33c
- Dynatrace sees Q4 non-GAAP EPS 29c-31c, consensus 29c