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DT — Dynatrace News Story

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Dynatrace gains as Morgan Stanley upgrades on cloud, AI growth

BUZZ-Dynatrace gains as Morgan Stanley upgrades on cloud, AI growth

** Shares of AI-powered cloud monitoring software provider Dynatrace DT.N rise 3.7% to $50.86

** Morgan Stanley raises stock's rating to "overweight" from "equal-weight" and price target to $65 from $58, implying an about 32.5% upside from its last closing price

** Brokerage says that DT is poised to benefit on the back of strong Observability Market

** "Observability demand is the healthiest since 2022, supported by accelerating cloud growth, digital transformation and enterprise AI adoption"

** Morgan Stanley says DT's acquisition of Arize strengthens its position in AI workloads and supports its push toward autonomous operations

** 27 of 37 brokerages rate the stock "buy" or higher and ten "hold"; median PT is $60

** Including session's move, stock up 17.4% YTD


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

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