Barclays downgraded Gartner (IT) to Equal Weight from Overweight with a price target of $270, down from $320. The firm sees near-term estimate risk after its chief investment officer survey “turned even more negative.” Gartner’s Q3 faces Department of Government Efficiency risk amid the government shutdown and the macro impacts the company called out in Q2 may continue, the analyst tells investors in a research note.
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