tiprankstipranks
Advertisement
Advertisement

Dynatrace price target lowered to $43 from $45 at BMO Capital

BMO Capital analyst Keith Bachman lowered the firm’s price target on Dynatrace (DT) to $43 from $45 and keeps an Outperform rating on the shares. The company delivered a mildly disappointing close to FY26, which in context makes FY27 guidance appear somewhat aggressive, the analyst tells investors in a research note. The net-new annual recurring revenue was weaker than expected, and relative to Datadog (DDOG), Dynatrace results were disappointing, the firm added.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1