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Dynatrace price target lowered to $55 from $60 at Truist

Truist lowered the firm’s price target on Dynatrace (DT) to $55 from $60 and keeps a Buy rating on the shares. AI and machine labor are pushing software vendors in data management, DevOps, and observability to adopt consumption-based models, the analyst tells investors in a research note. Truist argues that this model is best suited for delivering AI capabilities and that building it correctly will significantly shape future business performance.

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