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Fly News Breaks for January 30, 2020
Jan 30, 2020 | 08:46 EDT
BMO Capital analyst Keith Bachman raised his price target on Dynatrace to $40 and kept his Outperform rating after its "strong" Q3 results featuring upside in revenue, margins, and ARR. The analyst is positive on the company's "comprehensive monitoring platform with proven scalability in the large enterprise" and continues to expect durable revenue and ARR growth with further customer expansion and new logo wins.
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