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Fly News Breaks for July 31, 2019
IT
Jul 31, 2019 | 09:15 EDT
BMO Capital analyst Jeffrey Silber lowered his price target on Gartner to $142 and kept his Market Perform rating after its FY19 guidance cut driven by reduced Research revenue expectations that include lower "legacy" non-subscription revenues in global business sales, or GBS. The analyst also remains concerned by the stock's "high valuations" and the "ongoing" GBS transition issues.
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