Scotiabank Maintains Sector Outperform on Dynatrace, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Patrick Colville has maintained a Sector Outperform rating on Dynatrace (NYSE:DT) and increased the price target from $62 to $70.
February 05, 2024 | 6:16 pm
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POSITIVE IMPACT
Scotiabank maintains a Sector Outperform rating on Dynatrace and raises the price target from $62 to $70.
The upgrade in the price target by Scotiabank reflects a positive outlook on Dynatrace's stock, suggesting confidence in the company's future performance. This is likely to influence investor sentiment positively in the short term, potentially leading to an increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100