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Why Dynatrace's Stock Is Trading Higher Today

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Dynatrace (NYSE: DT)shares are trading higher on Thursday after Needham initiated coverage on the stock with a Buy rating and a $36 price target.

Dynatrace offers software intelligence platform for the enterprise cloud. The intelligence platform is designed to address the growing complexity faced by technology and digital business teams.

The 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 customers' users.

Dynatrace shares were trading up 7.45% at $32.03 on Thursday. The stock has a 52-week high of $37.06 and a 52-week low of $17.05.

Related Link:

Dynatrace Holdings Opens Above IPO Price

Latest Ratings for DT

DateFirmActionFromTo
Oct 2020BerenbergInitiates Coverage OnBuy
Sep 2020BairdInitiates Coverage OnOutperform
Sep 2020Loop CapitalInitiates Coverage OnHold

View More Analyst Ratings for DT
View the Latest Analyst Ratings

 

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Posted-In: why it's movingNews Price Target Initiation Analyst Ratings

Latest Ratings

StockFirmActionPT
PMTB of A SecuritiesMaintains18.5
IVRB of A SecuritiesMaintains3.0
EFCB of A SecuritiesMaintains15.5
NYMTB of A SecuritiesMaintains3.5
NLYB of A SecuritiesMaintains8.5
View the Latest Analytics Ratings
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