Citigroup Maintains Buy on Dynatrace, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani has reaffirmed a Buy rating on Dynatrace (NYSE:DT) and increased the price target from $58 to $68, indicating a positive outlook on the company's stock.
January 22, 2024 | 10:26 am
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Citigroup analyst Fatima Boolani maintains a Buy rating on Dynatrace and raises the price target from $58 to $68, suggesting a bullish stance on the stock.
The increase in price target by Citigroup reflects a positive assessment of Dynatrace's future performance, which is likely to be viewed favorably by investors. This could lead to a short-term increase in the stock price as the market reacts to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100