Dynatrace Inc. (DT) PT Lowered to $49 at BMO Capital
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Price: $49.14 -3.17%
Rating Summary:
30 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
30 Buy, 11 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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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."
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