Dynatrace price target raised to $44 from $38 at Credit Suisse

Credit Suisse analyst Fred Lee raised the firm’s price target on Dynatrace to $44 from $38 and keeps a Neutral rating on the shares. The firm notes the company reported a solid quarter in a difficult operating environment, underscoring both the enterprise capability of the DT Platform as well as the rising importance of the observability industry as a whole.