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Dynatrace price target raised to $60 from $55 at RBC Capital

RBC Capital raised the firm’s price target on Dynatrace (DT) to $60 from $55 and keeps an Outperform rating on the shares. The company delivered a good close to the year and solid initial FY26 outlook, the analyst tells investors in a research note. The quarter has demonstrated the positive impact of DPS – Dynatrace Platform Subscription – with the offset that increasing ODC, On-Demand Consumption, is a tailwind to subscription growth but a headwind to annual recurring revenue, RBC adds.

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