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Fly News Breaks for November 2, 2018
IT
Nov 2, 2018 | 06:56 EDT
Barclays analyst Manav Patnaik thinks the post-earnings pullback in shares of Gartner is likely to be short lived. At 20 times fiscal 2020 free cash flow, while not cheap, shares are at a relative discount to the mid 20's FCF multiple Gartner historically traded at for its double digit organic growth, Patnaik tells investors in a research note. He keeps an Overweight rating on the shares with a $155 price target following the company's Q3 results.
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