Baird Maintains Outperform on Dynatrace, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Baird analyst William Power maintains an Outperform rating on Dynatrace (NYSE:DT) but lowers the price target from $65 to $62.
May 16, 2024 | 11:30 am
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NEUTRAL IMPACT
Baird analyst William Power maintains an Outperform rating on Dynatrace but lowers the price target from $65 to $62.
The Outperform rating suggests continued confidence in Dynatrace's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100