Gartner price target raised to $490 from $412 at UBS

UBS raised the firm’s price target on Gartner to $490 from $412 and keeps a Neutral rating on the shares. Gartner has some tailwinds into 2024, with CV growth likely accelerating through the year aided by easy NCVI comps in 1H, and also has the opportunity to deliver continued EBITDA margin expansion ahead of Street expectations, the analyst tells investors in a research note.