RBC Capital lowered the firm’s price target on Gartner (IT) to $160 from $175 and keeps a Sector Perform rating on the shares after its Q1 results. The company’s contract value growth slowed to 3.5% ex-Fed, primarily due to deal delays in March related to Iran war, the analyst tells investors in a research note.
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Read More on IT:
- Jeffrey Silber Maintains Hold on Gartner as Muted Growth, Geopolitical Uncertainty and Lowered Price Target to $177 Balance Solid Execution
- Gartner Earnings Call: Solid Cash, Softer Growth
- Gartner Lifts 2026 Outlook on Strong Q1 Profitability
- Gartner reports Q1 adjusted EPS $3.32, consensus $2,92
- Notable companies reporting before tomorrow’s open
