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UBS Keeps Their Hold Rating on Gartner (IT)

Tipranks - Thu Aug 6, 8:54AM CDT

UBS analyst Joshua Chan maintained a Hold rating on Gartner today and set a price target of $196.00.

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Chan covers the Industrials sector, focusing on stocks such as UL Solutions Inc. Class A, Comfort Systems, and Cintas. According to TipRanks, Chan has an average return of 17.7% and a 57.69% success rate on recommended stocks.

In addition to UBS, Gartner also received a Hold from Deutsche Bank ‘s Faiza Alwy in a report issued today. However, on the same day, Wells Fargo assigned a Sell rating to Gartner (NYSE: IT).

Based on Gartner’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.68 billion and a net profit of $275.48 million. In comparison, last year the company earned a revenue of $1.69 billion and had a net profit of $240.78 million

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