Fly News Breaks for March 5, 2020
Mar 5, 2020 | 07:53 EDT
DA Davidson analyst Brent Thielman upgraded Dynatrace to Buy from Neutral with a $38 price target. The analyst cites the company's "much more attractive" risk-reward profile amid an extended period of stock price weakness, reset near-term expectations, and continued opportunity to benefit from the ramp in 5G/telecom infrastructure build-out. Thielman believes that Dynatrace shares will rebound sharply as investors begin to recognize the impending inflection in growth/earnings.
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