Barclays Maintains Equal-Weight on Dynatrace, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Dynatrace (NYSE:DT) but lowered the price target from $55 to $52.
August 04, 2023 | 12:52 pm
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Barclays has maintained an Equal-Weight rating on Dynatrace but lowered the price target from $55 to $52.
The lowering of the price target by Barclays could potentially lead to a decrease in the stock price of Dynatrace in the short term. Investors may interpret this as a sign of decreased future performance, which could lead to selling pressure.
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