Wells Fargo lowered the firm’s price target on Gartner (IT) to $345 from $400 and keeps an Underweight rating on the shares. The firm sees risk skewed to the downside ahead of Gartner’s Q2 earnings. Wells expects CV to miss Street estimates on federal government headwinds, though management should reiterate full year revenue guidance with a boost from FX.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IT: