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BUZZ-Dynatrace shares rise; Needham upgrades rating to 'Buy'

BUZZ-Dynatrace shares rise; Needham upgrades rating to 'Buy'

路透社路透社2026/09/18 13:36
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- ** Shares of artificial intelligence-driven cloud monitoring software provider Dynatrace DT.N rose 1.3% in pre-market trading to $56.56

** Needham upgraded the stock from "Hold" to "Buy"; target price $68

** The firm stated that the company’s continuously expanding DPS renewal user base this year “matches the timing of the booming observability market; and with the adoption of log and observability technologies in AI applications, this trend will gain further support”

** “We believe that European data sovereignty requirements will provide additional upside catalysts, partly because Dynatrace is originally from Austria” — Needham

** As of the previous trading close, the stock had risen 28.8% year-to-date


(To facilitate non-English speakers, Reuters has automated the translation of its reports into several other languages. Because automated translations may contain errors or may not capture the required context, Reuters does not guarantee the accuracy of the automated translation content, which is provided solely for the convenience of readers. Reuters accepts no responsibility for any harm or losses resulting from the use of automated translation features.)

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