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Gartner price target lowered to $170 from $300 at Truist

Truist analyst Jasper Bibb lowered the firm’s price target on Gartner (IT) to $170 from $300 and keeps a Buy rating on the shares. The company missed on Q4 contract value, and the management continues to flag a challenging selling environment and also announced fairly broad changes to the Insights product offering, the analyst tells investors in a research note.

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