Dynatrace (DT) Appoints Steve McMahon as New Chief Customer Officer | DT Stock News

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3 days ago
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Dynatrace (DT, Financial) has announced that Steve McMahon will assume the role of chief customer officer starting May 12. He succeeds Matthias Dollentz-Scharer, who will retire after over a decade of service within the company. In a transitional period, Dollentz-Scharer will continue as an advisor until September 30 to ensure a smooth leadership transition.

Steve McMahon joins Dynatrace from Zscaler (ZS), where he has been serving as the chief customer success officer. His extensive experience is expected to play a critical role in enhancing customer engagement and satisfaction at Dynatrace.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 29 analysts, the average target price for Dynatrace Inc (DT, Financial) is $63.04 with a high estimate of $74.00 and a low estimate of $50.00. The average target implies an upside of 49.49% from the current price of $42.17. More detailed estimate data can be found on the Dynatrace Inc (DT) Forecast page.

Based on the consensus recommendation from 33 brokerage firms, Dynatrace Inc's (DT, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Dynatrace Inc (DT, Financial) in one year is $72.41, suggesting a upside of 71.71% from the current price of $42.17. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dynatrace Inc (DT) Summary page.

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