UBS lowered the firm’s price target on Dynatrace (DT) to $50 from $55 and keeps a Neutral rating on the shares. Dynatrace’s growth guidance for the second half of the year is weighing on the stock, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DT:
- Dynatrace Surpasses Earnings Expectations, Raises Guidance
- Dynatrace Earnings Call: Strong Growth Amid Challenges
- Dynatrace price target lowered to $60 from $70 at Truist
- Dynatrace: Strong Financial Performance and Strategic Growth Drive Buy Rating
- DA Davidson technology analysts hold an analyst/industry conference call
