Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating on Dynatrace (NYSE:DT) Inc on Monday, setting a price target of $55, which is approximately 13.36% below the present share price of $63.48.
Abernethy expects Dynatrace Inc to post earnings per share (EPS) of $0.10 for the third quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Dynatrace, with an average price target of $63.42.
The analysts price targets range from a high of $74 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 $18.04 billion.
According to TipRanks.com, Rosenblatt Securities analyst Blair Abernethy is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 14.0% and a 73.81% 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.