RBC Capital Maintains Outperform on Dynatrace, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Dynatrace (NYSE:DT) but lowers the price target from $66 to $60.

May 16, 2024 | 2:42 pm
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RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Dynatrace but lowers the price target from $66 to $60.
The Outperform rating suggests continued confidence in Dynatrace's performance, but the lowered price target indicates some caution about its near-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100