BMO Capital Maintains Outperform on Dynatrace, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Dynatrace (NYSE:DT) but lowers the price target from $55 to $54.
May 16, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Dynatrace but lowers the price target from $55 to $54. This suggests continued confidence in the company's performance, albeit with slightly tempered expectations.
The Outperform rating indicates that the analyst still sees strong potential in Dynatrace, but the slight reduction in the price target suggests a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100