BMO Capital analyst Keith Bachman initiated coverage of Dynatrace with an Outperform rating and $35 price target. The analyst, despite new entrants to the monitoring market, is positive on the growth potential for leaders in the segment such as Dynatrace. The company has a comprehensive platform to effectively compete, particularly with large enterprise customers with proven scalability, Bachman tells investors in a research note. He believes Dynatrace's current valuation is attractive given its "durable" revenue growth of approximately 25% in fiscal 2022.