Gartner price target raised to $460 from $435 at Wells Fargo

Wells Fargo raised the firm’s price target on Gartner to $460 from $435 and keeps an Underweight rating on the shares. The firm remains cautious on Gartner, with investor sentiment improving but the few datapoints it has are not looking any better. While the second half of 2024 margin guidance looks conservative, the Street’s acceleration in CV growth through 2025 still looks optimistic, Wells adds.