Jefferies Upgrades Dynatrace to Buy, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill has upgraded Dynatrace (NYSE:DT) from Hold to Buy and increased the price target from $50 to $70.

January 05, 2024 | 3:52 pm
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POSITIVE IMPACT
Dynatrace's stock rating has been upgraded by Jefferies from Hold to Buy, with a significant increase in the price target from $50 to $70.
The upgrade from Hold to Buy by a reputable analyst at Jefferies is a strong positive signal for investors, suggesting increased confidence in Dynatrace's future performance. The substantial raise in the price target further underscores the analyst's bullish stance on the stock, which could lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100