Reported 1 day ago
UBS has downgraded Gartner, Inc. (NYSE:IT) to a 'Hold' rating due to disappointing Q2 results and a significant reduction in its forecasted organic growth for 2026, now expected at 3% compared to the previous 6%. The company's fundamental client value indicators show sluggish growth, with projections for 2025 expected at 2.5%. Despite the stock being relatively cheap, concerns over discretionary spending cuts and short-term challenges in research subscriptions and consulting have raised caution among investors.
Source: YAHOO