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Dynatrace (DT) Receives a Buy from Stifel Nicolaus

Tipranks - Tipranks - Tue Mar 17, 7:19AM CDT

In a report released today, Brad Reback from Stifel Nicolaus maintained a Buy rating on Dynatrace, with a price target of $51.00.

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According to TipRanks, Reback is a 4-star analyst with an average return of 5.8% and a 47.09% success rate. Reback covers the Technology sector, focusing on stocks such as Microsoft, ServiceNow, and Workday.

Currently, the analyst consensus on Dynatrace is a Strong Buy with an average price target of $49.86.

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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

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