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Why Gartner Stock Sagged Today


Storied IT research specialist (NYSE: IT) ended the week on a down note, with its share price declining by nearly 1% on Friday. A bearish analyst note prompted investors to reconsider whether to own the stock, and more than a few sold it as they headed into the weekend.

That morning Wells Fargo's Jason Haas cut his price target on Gartner to $140 per share from his previous $150. He maintained his underweight (sell, in other words) recommendation as he did so.

Image source: Getty Images.

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Source Fool.com

Gartner Inc. Stock

€167.85
4.610%
Gartner Inc. dominated the market today, gaining €7.40 (4.610%).
With 6 Buy predictions and 5 Sell predictions the community is currently undecided on Gartner Inc..
On the other hand, the target price of 130 € is below the current price of 167.85 € for Gartner Inc., so the potential is actually -22.55%.
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