Wells Fargo analyst Jason Haas raised the firm’s price target on Gartner (IT) to $231 from $225 and keeps an Underweight rating on the shares. The firm is modeling CV growth slightly ahead of consensus in Q3 but is skeptical that the company can drive an acceleration to high single digits in 2026. Investor concern around AI is high, and Gartner is still early in rolling out its own AI tools, Wells adds.
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:
- Core Scientific upgraded, HP downgraded: Wall Street’s top analyst calls
- Gartner downgraded to Equal Weight from Overweight at Barclays
- Gartner’s Strategic Innovations and Financial Confidence Drive Buy Rating
- Gartner’s Balanced Outlook: Growth Potential Amid AI Uncertainty Influences Hold Rating
- Lululemon downgraded, T-Mobile upgraded: Wall Street’s top analyst calls