DYNATRACE $DT upgraded to 'Overweight' (from 'Equalweight') at Morgan Stanley, with a $65 price-target (from $58): "The observability market is currently experiencing the healthiest demand since 2022, fueled by the strongest public cloud growth in several years, an explosion in software development initiatives that is culminating in a new round of digital innovation, and early benefits from enterprise AI investments as the broader market enters a multiyear enterprise build-cycle. Together, these forces have led to a recent acceleration in growth among leading players with consumption pricing models such as Datadog. While Dynatrace's ARR growth (in cc) has slowed consistently after peaking at +32% in FY21 (and coming in at +16% in FY26), we think the company is next in line to see a durable acceleration, with cc net-new ARR growth poised to recapture the 20%+ level in FY27, leading to 20%+ ARR growth (cc) in FY28/FY29. The key factor driving our confidence in reaccelerating growth is a large upcoming renewal cohort of Dynatrace Platform Subscription (DPS) customers, which is 50% larger than the FY26 renewal (also includes non- DPS) and 70% weighted towards the 2H of FY27. With underlying usage growth of this cohort tracking above 20%, we expect to see significant expansion in ARR as these contracts renew mainly starting in 2H of FY27 and beyond. Another factor driving our reacceleration thesis is Dynatrace's platform breadth, which positions the company to be one of the few platform consolidators in a generally crowded market. Furthermore, the company's recent acquisition of Arize improves the company's relevance for AI workloads and accelerates Dynatrace's vision to deliver autonomous operations. Finally, the go-to-market organization changes implemented over two years ago are resulting in sharper execution and translating first to a stabilization in cc net-new ARR growth, followed by an acceleration in netnew ARR growth more recently."

[Dynamic Preview: Belfast (Retrofit)] Be it efficiency or elegance, I promise not to disappoint you. *Content is in development and may not reflect the final version. #AzurLane# #Yostar# #AzurLane8thAnniv#

Dynasty Warriors seriously has beautful women. I keep zooming in and appreciating all the details that have become clearer. Even after all these years these character designs are top-tier. #DW3CER#