Robinhood To Rally Over 28%? Here Are 10 Top Analyst Forecasts For Wednesday
Analysts cut GM and Netflix targets, while raising targets for Robinhood, Coinbase, Intuitive Surgical, SpaceX, Dynatrace and Sweetgreen.
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BTIG Maintains Buy on Dynatrace, Raises Price Target to $73
BTIG analyst Gray Powell maintains Dynatrace (NYSE:DT) with a Buy and raises the price target from $62 to $73.
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Shares of software companies are trading lower amid a rotation out of technology and AI-related stocks. Rising inflation concerns and elevated oil prices are fueling expectations for further Fed tightening, while elevated borrowing costs could weigh on demand, valuations and debt metrics.
Barclays Maintains Overweight on Dynatrace, Raises Price Target to $71
Barclays analyst Raimo Lenschow maintains Dynatrace (NYSE:DT) with a Overweight and raises the price target from $60 to $71.