12:11 PM EST, 02/06/2025 (MT Newswires) -- Dynatrace ( DT ) is well-positioned to benefit from its healthy pipeline driven by Dynatrace Platform Subscription, Wedbush said in a report Thursday after attending a Dynatrace Perform event in Las Vegas.

"We leave the event incrementally more positive on

the DT growth story going into 2025 & beyond that the Street is underestimating," Wedbush analysts, including Daniel Ives, said.

The analysts also said that the AI revolution is picking up, which will provide a stable tailwind for the company going forward.

"We expect DPS adoption to continue to accelerate," they said.

Wedbush kept its outperform rating on the stock with a price target of $67.

Price: 60.72, Change: +0.29, Percent Change: +0.47