JMP Securities raised the firm’s price target on Dynatrace to $68 from $56 and keeps an Outperform rating on the shares. The firm came away from Dynatrace’s Perform 2024 user conference on Wednesday incrementally more confident that Dynatrace will remain a strong leader in the observability market, that the company’s AI strategy is differentiated, and it brings significant value to the Dynatrace Platform, the analyst tells investors in a research note.
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