Morgan Stanley analyst Toni Kaplan maintains $Gartner (IT.US)$ with a hold rating, and maintains the target price at $560.
According to TipRanks data, the analyst has a success rate of 58.3% and a total average return of 3.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Gartner (IT.US)$'s main analysts recently are as follows:
The overall contract value results for Gartner aligned with expectations, as there was no anticipation for a notable increase during the quarter. It is suggested that for Gartner to align with market expectations, a substantial uptick in contract value will be necessary in the upcoming quarters, given that such an improvement appears to be reflected in the stock's price.
The firm's analysis indicates that Gartner's results and outlook align closely with expectations, reinforcing a positive stance on the company's capital-efficient and robust organic growth under a proven management strategy. The firm also favors investing ahead of an anticipated near-term contractual value reacceleration.
Analysts note that Gartner's recent quarterly report largely met expectations. They are projecting an acceleration to 7.7% CV growth for the next year, in contrast to the general market expectation of 9.6%, citing a perspective of a continuously tepid selling environment.
Note:
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