Gartner, Inc.’s (IT) 2010 Investor Day Update

Symbols: IT
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Analysts at J.P. Morgan have released an update from Gartner, Inc.’s (NYSE: IT) 2010 Investor Day. The company’s annual Investor Day was held in Greenwich, Connecticut.

The meeting focused on sales strategies, acquisition integration, growth opportunities, and long-term financial objectives. Gartner management also reiterated its 2010 guidance. Management expects EPS of $0.91-$1.03 in 2010. Revenue growth is expected to be 10%-13%, led by the Research division, which is expected to 12%-15% growth in revenue. The company also plans to double its sales associates over the next 4-5 years.

Analysts at J.P. Morgan continue to rate Gartner, Inc. as Overweight, with a price target of $25 for Gartner stock.


 
 
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