$IT

BMO Capital's Jeffrey Silber maintained a Market Perform rating on Gartner but reduced the price target to $206 from $214, citing near-term headwinds. The stock's mean price target is $187.38, with a high target of $229, implying 17% upside.

Gartner Inc. (IT) stock rose 28.4% in 3 months, outperforming its industry and the S&P 500. The company attributes its success to a differentiated product portfolio, steady revenue growth, and persistent earnings beats. Gartner reported Q1 2026 earnings of $3.32 per share, beating estimates by 11%, and raised its adjusted EPS outlook for 2026. The company also executed a significant share repurchase program, reducing shares outstanding by 16.2%. Gartner currently has a Zacks Rank of #1 (Strong B

Datamatics was named a Niche Player in Gartner's 2026 Magic Quadrant for Finance & Accounting BPO for the fifth year. The company's FINATO platform, which uses AI and automation, was highlighted. Datamatics' stock (BSE: INE365B01017) closed at Rs. 798.85, down from Rs. 812.85.

Alibaba Cloud was named a Leader in Gartner's Magic Quadrant for Cloud AI Infrastructure, recognizing its full-stack AI capabilities. The company offers AI development tools, foundation models, and platforms for AI workloads. Alibaba Cloud also became a Challenger in Gartner's Magic Quadrant for Observability Platforms. The company is expanding its AI infrastructure as part of its 'AI+Cloud' strategy.

Datamatics Global Services was named a Niche Player in Gartner's 2026 Magic Quadrant for Finance & Accounting BPO, its fifth consecutive year. The company's FINATO platform integrates AI and automation. Datamatics recommended a ₹5 dividend per share for FY26, subject to AGM approval on September 18, 2026.

Datamatics was named a Niche Player in the 2026 Gartner Magic Quadrant for Finance & Accounting BPO, its fifth consecutive year. The recognition highlights its AI-powered FINATO platform for autonomous finance solutions, evaluated among 16 global providers. The company aims to enhance finance operations through AI and automation.

Samsung Electronics and SK hynix recovered from early losses after Gartner projected global memory revenue to reach $1.08 trillion by 2027, driven by AI demand. Samsung closed flat at 257,000 won, while SK hynix rose 0.42% to 1,678,000 won. Both stocks remain significantly below their June peaks despite record shareholder-return programs.

Gartner's updated Enterprise Storage Magic Quadrant retains six leaders: Everpure, Huawei, HPE, NetApp, Dell, and IBM. Everpure leads, while NetApp drops behind Huawei and HPE. Hitachi Vantara is a Visionary, and IEIT Systems is a Niche Player. DDN was removed, and Infinidat (owned by Lenovo) received an honorable mention. Gartner predicts significant shifts in storage trends by 2029, including increased STaaS adoption and AI storage tiers. Everpure and HPE have made the full report available.

Gartner's 2026 Digital Automaker Index ranks Tesla (82.7%), Nio (73.1%), Xiaomi (69.2%), XPeng (57.7%), Li Auto (57.0%), and Rivian (55.5%) in the top six, highlighting a gap between digital-native and legacy automakers. AI is a new scoring category, with Tesla leading. Legacy automakers like Mercedes-Benz (35.8%) and BMW (30.9%) fell behind.

Analysts from BMO Capital and Bank of America Securities provided updates on Gartner (IT) and Zscaler (ZS). Gartner received a Hold rating and a $206.00 price target from BMO, while Zscaler was rated Buy with a $210.00 target by Bank of America. Gartner's consensus is Hold with a $184.82 target, and Zscaler's is Strong Buy with a $196.67 target.