Beyond The Numbers: 16 Analysts Discuss Dynatrace Stock
Portfolio Pulse from Benzinga Insights
16 analysts have recently updated their ratings on Dynatrace (NYSE:DT), showing a mix of bullish to bearish sentiments. The average 12-month price target is now $64.38, up from $61.90, indicating a positive outlook. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their response to Dynatrace's market performance and financials. Dynatrace, a cloud-native company, has shown strong financials with a revenue growth rate of 22.74% and an exceptional net margin of 11.69%, although its ROE is below industry averages.

April 19, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dynatrace has received updated ratings from 16 analysts, with a new average price target of $64.38, indicating a positive sentiment. The company's strong financial performance, including a significant revenue growth and high net margin, supports this optimistic outlook.
The updated analyst ratings and increased price target for Dynatrace reflect a positive market sentiment towards the company. This optimism is supported by Dynatrace's strong financial performance, including a notable revenue growth rate and a high net margin, which are key indicators of the company's profitability and operational efficiency. The positive adjustments in analyst ratings and price targets suggest a bullish outlook for Dynatrace's stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100