Morgan Stanley (NYSE:MS) analyst Toni Kaplan maintained a Hold rating on Gartner (NYSE:IT) on Friday, setting a price target of $130, which is approximately 6.70% above the present share price of $121.84.
Kaplan expects Gartner to post earnings per share (EPS) of $0.84 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Gartner, with an average price target of $137.25.
The analysts price targets range from a high of $152 to a low of $122.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.02 billion and a net profit of $126.28 million. The company's market cap is $10.54 billion.
According to TipRanks.com, Morgan Stanley analyst Toni Kaplan is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -5.0% and a 41.51% success rate.
Gartner, Inc. is a research and advisory company, which delivers technology-related insights to its clients to make right decisions. It operates through the following segments: Research, Consulting and Conferences. The Research segment gives advices on the mission-critical priorities of leaders. The Consulting segment offers customized solutions to unique client needs through on-site, day-to-day support, and proprietary tools for measuring and improving IT performance. The Conferences segment involves in the business professionals across the organization. The company was founded by Gideon I. Gartner and Dave L. R. Stein in 1979 and is headquartered in Stamford, CT.