Scotiabank analyst Patrick Colville raised the firm’s price target on Dynatrace to $55 from $52 and keeps an Outperform rating on the shares. The company reported “nice” Q1 results and, while some might nitpick neither FY25 ARR nor operating margin targets were raised, the firm sees enough in these numbers to be encouraged, the analyst tells investors. The firm continues to believe Dynatrace has clear differentiation for large customers with hybrid cloud environments.
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