Gartner Downgraded On Valuation; Stock Down From High

By | May 15, 2015

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Tech research firm Gartner (IT) got a downgrade from Goldman Sachs on Friday, sending its stock down a fraction in morning trading. Analyst Andre Benjamin downgraded Gartner to neutral from buy, as the stock is nearing his price target of 90. “There is no change to our favorable view of Gartner’s fundamentals,” he wrote in his research note. “We simply now see better upside and near-term catalysts for other buy-rated stocks under coverage.” One Scalper1 News

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