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.
Based on Dynatrace’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $531.72 million and a net profit of $17.42 million. In comparison, last year the company earned a revenue of $445.17 million and had a net profit of $39.3 million
