Cantor Fitzgerald lowered the firm’s price target on Dynatrace (DT) to $51 from $57 and keeps a Neutral rating on the shares. Dynatrace reported a strong Q3, with upside to annual recurring revenue and Subscription revenue consensus expectations, the analyst tells investors in a research note. Cantor continues to see Dynatrace benefiting from cloud and AI secular drivers, particularly with the enterprise and possibly increasingly with AI natives.
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