Dynatrace (DT) Receives a Buy from Guggenheim
Guggenheim analyst Howard Ma maintained a Buy rating on Dynatrace yesterday and set a price target of $60.00. The company’s shares closed yesterday at $35.72.
Claim 30% 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
According to TipRanks, Ma is a 2-star analyst with an average return of 1.3% and a 44.83% success rate. Ma covers the Technology sector, focusing on stocks such as Atlassian, Elastic, and CommVault Systems.
In addition to Guggenheim, Dynatrace also received a Buy from Goldman Sachs’s Matthew Martino in a report issued yesterday. However, on April 8, Cantor Fitzgerald maintained a Hold rating on Dynatrace (NYSE: DT).
Based on Dynatrace’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $515.47 million and a net profit of $40.06 million. In comparison, last year the company earned a revenue of $436.17 million and had a net profit of $361.75 million
Read More on DT:
Disclaimer & DisclosureReport an Issue
- DA Davidson analysts hold an analyst/industry conference call
- Dynatrace initiated with a Buy at Goldman Sachs
- Dynatrace price target lowered to $45 from $55 at Truist
- Dynatrace price target lowered to $50 from $60 at TD Cowen
- Dynatrace: Compelling Valuation and Durable Growth Supported by DPS Renewals and Logs Upside
