Truist Securities Reiterates Buy on Dynatrace, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Joel Fishbein has reiterated a Buy rating on Dynatrace (NYSE:DT) but has lowered the price target from $70 to $60.

May 16, 2024 | 12:17 pm
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Truist Securities has reiterated a Buy rating on Dynatrace but lowered the price target from $70 to $60, indicating a positive outlook with some caution.
The reiteration of the Buy rating suggests continued confidence in Dynatrace's performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100