UBS Reiterates Buy Rating on Gartner (IT)

UBS analyst Joshua Chan reiterated a Buy rating and $592.00 price target on Gartner (NYSE: IT).

The analyst commented, "We see a tougher setup for Gartner into the Q4 print, with a continuation of choppy macro pointing to another quarter of relatively stable CV growth (UBSe +7.3%; we think buyside bar +7.4-7.5%). Additionally, our 2025 guidance build suggests that sellside consensus could be too high on Research/Total Revenue as well as margin/EPS, even backing out Gartner's usual conservatism. While acknowledging that this sets up for a more difficult print, and we would be cautious into the quarter, we continue to believe the backdrop of CV growth re-acceleration over the next 12 months is a positive catalyst for shares."

For an analyst ratings summary and ratings history on Gartner click here. For more ratings news on Gartner click here.

Shares of Gartner closed at $524.75 yesterday.

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