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Wells Fargo & Company Has Lowered Expectations for Dynatrace (NYSE:DT) Stock Price
Wells Fargo & Company has reduced its price target for Dynatrace (NYSE:DT) from $65 to $50, while maintaining an “overweight” rating. Despite this, Dynatrace reported strong Q3 earnings, beating analyst expectations with $0.44 EPS and $515.5M revenue, and raising its FY2026 and Q4 guidance. The company’s board also approved a $1.0 billion share buyback program, indicating confidence in its valuation.