Dynatrace Inc. (DT) PT Lowered to $49 at BMO Capital

BMO Capital analyst Keith Bachman lowered the price target on Dynatrace Inc. (NYSE: DT) to $49.00 (from $54.00) while maintaining a Outperform rating.

The analyst commented, "We are smoothing out, and modestly lowering, our FY25 ARR estimates. In addition, we are modestly lowering our FY26 rev estimates. Given lower estimates, we are likewise lowering our target price to $49 from $54. We retain our Outperform rating based on valuation, and tech leadership helped by Grail and Davis."

You May Also Be Interested In

• Seaport Global Securities Downgrades JetBlue Airways (JBLU) to Neutral
• Chinese humanoid maker Unitree to debut on Shanghai exchange on August 19
• CVRx Inc (CVRX) PT Lowered to $5 at Cantor Fitzgerald on Q2 Update Pressures