Barclays (LON:BARC) analyst Raimo Lenschow maintained a Buy rating on Dynatrace (NYSE:DT) Inc on Wednesday, setting a price target of $75, which is approximately 20.54% above the present share price of $62.22.
Lenschow expects Dynatrace Inc to post earnings per share (EPS) of $0.10 for the third quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in Dynatrace, with an average price target of $67.07.
The analysts price targets range from a high of $75 to a low of $53.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $196.5 million and a net profit of $20.87 million. The company's market cap is $17.68 billion.
According to TipRanks.com, Barclays analyst Raimo Lenschow is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.8% and a 76.64% success rate.
Dynatrace, Inc. offers software intelligence platform, purpose-built for the enterprise cloud. The firm's 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 the customers' users. It specializes in cloud ecosystem integration, incident and alert management integration, DevOps CI/CD integration, user experience and business intelligence insights. The company was founded in 2014 and is headquartered in Waltham, MA.