Top 9 AI News and Ratings Sending Shockwaves

6. Dynatrace, Inc. (NYSE:DT)

Number of Hedge Fund Holders: 45

Dynatrace, Inc. (NYSE:DT) is a technology company that provides a software observability platform for multi-cloud environments. Its software platforms are used to monitor, analyze, and optimize the performance of applications and IT infrastructure. The company also utilizes artificial intelligence to monitor and analyse complex IT systems. Its AI-powered solutions make it easier to detect and diagnose performance issues.

Analysts at Stifel reiterated a Buy rating on the stock on February 19 and increased the stock’s price target to $69 from $65. The price adjustment follows a survey of 25 Dynatrace clients that spend more than $300,000 annually, which affirmed strong uptake of the company’s newer Log/Grail and Application Security solutions. The findings helped ease concerns amid the expected moderation in spending intentions over the next 12 months. Integration of AI into Dynatrace, Inc.’s (NYSE:DT) observability solutions have had a hand in triggering strong demand in the market.