JMP Securities Maintains Market Outperform on Dynatrace, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Erik Suppiger maintains a Market Outperform rating on Dynatrace (NYSE:DT) and raises the price target from $56 to $68.
February 02, 2024 | 5:50 pm
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POSITIVE IMPACT
Dynatrace's price target has been raised from $56 to $68 by JMP Securities, maintaining a Market Outperform rating.
The increase in price target by a reputable analyst like Erik Suppiger signals a strong confidence in Dynatrace's future performance. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100