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Analyst Actions/Our Take - July 21: DT - Dynatrace

Dynatrace price target raised to $65 from $57 at Baird

Analyst Jonathan Ruykhaver raised the firm's price target on Dynatrace to $65 from $57 and keeps an Outperform rating on the shares. He said management's tone at the Baird conference was positive and a recent forecast for the cloud IT Ops segment highlighted the potential for significant growth for the company.

Our Take:  "Buy the dips here. Good tech stock in a growing field."


$DT, Dynatrace, Inc. / H1

Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.

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