Morgan Stanley lowered the firm’s price target on Gartner (IT) to $307 from $322 and keeps an Equal Weight rating on the shares. The firm expects forex-neutral growth to decelerate in Q3, but adds that deceleration is already baked into expectations. The firm, which also expects Gartner to maintain guidance on adjusted EPS, expects “some defense from management surrounding recent bearish AI narrative,” the analyst added in a preview.
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