Barclays lowered the firm’s price target on Dynatrace (DT) to $47 from $57 and keeps an Overweight rating on the shares post the fiscal Q3 report. The company posted its third consecutive quarter of double-digit new new annual recurring revenue growth and logs expansion, the analyst tells investors in a research note. Barclays believes investors will leave the Q3 report with more confidence in Dynatrace’s fiscal 2027 upside potential.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DT:
- Dynatrace Earnings Call Highlights Growth, Buyback, AI
- Dynatrace price target lowered to $51 from $63 at Stifel
- Dynatrace price target lowered to $45 from $56 at BMO Capital
- Dynatrace: Reiterated Buy on Sustained ARR Momentum, $1B Buyback, and Attractive Long‑Term Valuation
- Dynatrace: Solid Q3 Execution but Uncertain ARR Trajectory Keeps Rating at Hold
