BUZZ-Gartner rises as UBS raises PT

Reuters

01/10

** Shares of IT consultancy firm Gartner IT.N up 1.7% at $250.96

** UBS raises PT on co to $270 from $256, implying ~9% upside to stock's last close

** Says potential contract value $(CV)$ miss might be the "last major cut"

** Maintains CV growth outlook for 2026 at 5.7%, compared with 1.1% in 2025

** Estimates rollover of federal contract losses from 2025 to contribute to total CV growth in 2026, with the rest coming from modest improvement in sales environment

** 5 of 15 brokerages recommend "buy" or higher, 9 "hold" and 1 "sell"; median PT is $266.50 - data compiled by LSEG

** IT fell ~48% in 2025

(Reporting by Arnav Mishra in Bengaluru)

((Arnav.Mishra@thomsonreuters.com;))

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