TD Cowen raises Dynatrace stock price target on DPS upside view
TD Cowen raised its price target for Dynatrace (NYSE:DT) to $68 from $62, citing expectations of a modest beat in net new annual recurring revenue and an anticipated guidance increase to 18%. The firm sees upside from DPS renewals. DT shares are up 30% since the last earnings report, trading at $65.38. Analysts generally view the stock as undervalued with growth potential.

