Barclays Upgrades Dynatrace to Overweight, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has upgraded Dynatrace (NYSE:DT) from Equal-Weight to Overweight and increased the price target from $52 to $64.
October 07, 2024 | 2:30 pm
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POSITIVE IMPACT
Barclays has upgraded Dynatrace to Overweight and increased its price target to $64, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by Barclays suggests increased confidence in Dynatrace's performance. The raised price target from $52 to $64 indicates expectations of a higher stock price, likely leading to positive investor sentiment and potential stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100