Wells Fargo Maintains Overweight on Dynatrace, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Dynatrace (NYSE:DT) but lowers the price target from $60 to $50.
August 06, 2024 | 3:12 pm
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NEUTRAL IMPACT
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Dynatrace but lowers the price target from $60 to $50.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100