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Gartner price target lowered to $475 from $510 at Barclays

Barclays lowered the firm’s price target on Gartner (IT) to $475 from $510 and keeps an Overweight rating on the shares. The firm’s chief investment offier survey shows declining expectations for 2025 after a sustained 2024. More importantly for Gartner specifically, next 12 month seat and offering additions turned negative once again with a net 37% decrease versus net 14% decrease prior, the analyst tells investors in a research note.

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