Dynatrace price target lowered to $47 from $60 at Scotiabank

Scotiabank lowered the firm’s price target on Dynatrace (DT) to $47 from $60 and keeps an Outperform rating on the shares. The firm believes the company should be insulated from the risk of “vibe coded copycats” and believes there is no evidence large language models can provide a functionality similar to that of the company, the analyst tells investors.