Guggenheim Maintains Buy on Dynatrace, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst John Difucci maintains a Buy rating on Dynatrace (NYSE:DT) but lowers the price target from $60 to $55.
July 16, 2024 | 4:48 pm
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NEUTRAL IMPACT
Guggenheim analyst John Difucci maintains a Buy rating on Dynatrace but lowers the price target from $60 to $55.
The Buy rating suggests continued confidence in Dynatrace's performance, but the lowered price target indicates some caution about its short-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