BTIG analyst Gray Powell maintains $Dynatrace (DT.US)$ with a buy rating, and adjusts the target price from $57 to $63.
According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 9.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Dynatrace (DT.US)$'s main analysts recently are as follows:
Feedback from recent discussions within the industry indicated a mixed but generally positive sentiment. Some cost pressures are evident, particularly in the log monitoring segment, yet there is a consensus that cloud IaaS projects and migrations are on an upswing. Additionally, it seems that numerous customers may have over-optimized their environments.
Dynatrace is experiencing various transitions while adapting to a market trending towards more significant strategic agreements. Analysts observe that there are several potential growth drivers, including pricing changes, market approach modifications, and product developments, that could stimulate expansion.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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