Needham Maintains Buy on Dynatrace, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos maintains a Buy rating on Dynatrace (NYSE:DT) but lowers the price target from $65 to $60.
November 02, 2023 | 10:47 pm
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NEUTRAL IMPACT
Needham analyst maintains a Buy rating on Dynatrace but lowers the price target from $65 to $60.
The news is directly related to Dynatrace. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100