Gartner Inc

IT: XNYS (USA)
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Gartner Posts 3Q Results

On Thursday, Gartner IT announced third-quarter results that were slightly below our expectations. While management stressed that its two core operations--research and consulting services--remain solid, unfavorable foreign exchange rates and poor performance of its events business forced the company to lower its outlook for the rest of the year. We are reducing our fair value estimate.

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