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Gartner (IT) Receives Underperform Rating with $150 Price Target from BofA
Bank of America has initiated coverage on Gartner (IT) with an Underperform rating and a $150 price target, despite an overall optimistic outlook for the Information and Business Services sector. Gartner’s financial health shows strong revenue growth and profitability, but also high leverage and sector-specific risks. Investors should consider these mixed signals when evaluating the company’s potential.