I see two issues:
1) You are correct, DATEVALUE("3/8/2020 02:00") returns only the date portion of the text string. You need something that will return both date and time portion. Maybe:
DATE(2020,3,8)+TIME(2,0,0) or
DATEVALUE("3/8/2020")+2/24 or similar
2) You say that daylight savings time begins on March 8 2020 at 2 AM and ends on Nov 1 2020 at 2 AM. Which is true for LOCAL time, but you state that your time stamp in A2 is a universal time. In order to correctly handle the transition, you will need to know the UTC time for the daylight savings time changes for each time zone.
With those two changes into the existing formula for the mountain time zone:
(UTC to local and back always confuses me, so if I got 6's and 7's in the wrong place, fix those up as needed).
Note that I prefer the DATE() and TIME() functions over the DATEVALUE() and TIMEVALUE() functions here -- simply because I don't want to rely on how Excel interacts with my OS's regional settings in interpreting date and time text strings.
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