Dynatrace Inc. (DT) Tops Q4 EPS by 3c, Revenues Beat; Offers 1Q & FY21 EPS Guidance Above Consensus, FY21 Revs. Outlook Above Consensus

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Go back to Dynatrace Inc. (DT) Tops Q4 EPS by 3c, Revenues Beat; Offers 1Q & FY21 EPS Guidance Above Consensus, FY21 Revs. Outlook Above Consensus

Dynatrace Inc. (DT) PT Raised to $32 at Rosenblatt

May 12, 2020 1:11 PM EDT

Rosenblatt analyst Yun Kim raised the price target on Dynatrace Inc. (NYSE: DT) to $32.00 (from $21.00) while maintaining a Neutral rating.

The analyst commented, "DT posted solid F4Q results, with 42% ARR growth. However, management issued a conservative FY21 ARR guidance that implies 19-21% growth due to uncertainty in the current IT spending environment. This is a stark... More