Why Gartner Stock Fell 31% This Morning
Shares of research and advisory specialist (NYSE: IT) plunged on Tuesday, following a strong earnings report.
Wait, what?
Yep, Gartner beat Wall Street's estimates on both the top and bottom lines, but the stock still took a beating after the report due to disappointing guidance. Gartner's shares opened Tuesday's trading session 31.2% lower. By 2:15 p.m. ET, it had recovered slightly to a 21.6% decline from Monday's close.
Source Fool.com
Gartner Inc. Stock
€156.80
-3.300%
Based on 7 Buy predictions and 5 Sell predictions the sentiment towards Gartner Inc. is rather balanced.
However, we have a potential of -17.09% for Gartner Inc. as the target price of 130 € is below the current price of 156.8 €.
