In a report released on February 9, Brad Reback from Stifel Nicolaus maintained a Buy rating on Dynatrace (DT – Research Report), with a price target of $62.00. The company’s shares closed last Friday at $53.80.
According to TipRanks, Reback is a 5-star analyst with an average return of 15.5% and a 59.88% success rate. Reback covers the Technology sector, focusing on stocks such as Microsoft, ServiceNow, and Dynatrace.
In addition to Stifel Nicolaus, Dynatrace also received a Buy from D.A. Davidson’s Gil Luria in a report issued on February 9. However, on the same day, Loop Capital Markets maintained a Hold rating on Dynatrace (NYSE: DT).
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The company has a one-year high of $61.41 and a one-year low of $37.21. Currently, Dynatrace has an average volume of 2.52M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DT in relation to earlier this year.
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Dynatrace (DT) Company Description:
Dynatrace, Inc. offers software intelligence platform, purpose-built for the enterprise cloud. The firm’s platform utilizes artificial intelligence at its core and advanced automation to provide answers, not just data, about the performance of applications, the underlying hybrid cloud infrastructure, and the experience of the customers’ users. It specializes in cloud ecosystem integration, incident and alert management integration, DevOps CI/CD integration, user experience and business intelligence insights. The company was founded in 2014 and is headquartered in Waltham, MA.
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