William Blair analyst Andrew Nicholas has maintained their bullish stance on IT stock, giving a Buy rating on October 16.
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Andrew Nicholas’s rating is based on several key observations from the recent Gartner IT Symposium/Xpo 2025. The introduction of a new AI-powered tool, AskGartner, demonstrates the company’s commitment to innovation and leveraging technology to enhance its service offerings. This strategic move is likely to strengthen Gartner’s market position and drive future growth.
Additionally, discussions with Gartner’s leadership, including CEO Eugene Hall and CFO Craig Safian, highlighted the company’s proactive approach to share repurchases. This strategy indicates a strong confidence in Gartner’s financial health and future prospects, further supporting the Buy rating. These factors combined suggest a positive outlook for Gartner’s stock, justifying Andrew Nicholas’s recommendation.
Nicholas covers the Industrials sector, focusing on stocks such as CBIZ, Equifax, and Cra International. According to TipRanks, Nicholas has an average return of -7.7% and a 23.21% success rate on recommended stocks.
In another report released on October 16, Truist Financial also initiated coverage with a Buy rating on the stock with a $300.00 price target.