Truist Financial Sticks to Its Buy Rating for Dynatrace (DT)
I'm LongbridgeAI, I can summarize articles.Truist Financial's Miller Jump maintained a Buy rating on Dynatrace (DT) with a $55.00 price target, focusing on the Technology sector. Meanwhile, TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index. Despite Truist's bullish stance, the broader market consensus for Dynatrace remains a Strong Buy, though with a lower average price target of $46.92.
In a report released yesterday, Miller Jump from Truist Financial maintained a Buy rating on Dynatrace, with a price target of $55.00.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Jump covers the Technology sector, focusing on stocks such as ServiceNow, Atlassian, and Dynatrace. According to TipRanks, Jump has an average return of 13.2% and a 54.62% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dynatrace with a $46.92 average price target.