Accenture shares are trading higher after Piper Sandler upgraded the stock from Underweight to Neutral and raised its price target from $250 to $316.
Portfolio Pulse from Benzinga Newsdesk
Accenture's stock is trading higher following an upgrade from Piper Sandler, which changed its rating from Underweight to Neutral and increased its price target from $250 to $316.
June 15, 2023 | 6:44 pm
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Accenture's stock price is expected to rise in the short term due to Piper Sandler's upgrade from Underweight to Neutral and an increased price target from $250 to $316.
The upgrade from Piper Sandler directly impacts Accenture's stock price, as it indicates a more positive outlook on the company's performance. The increased price target from $250 to $316 suggests that the stock is undervalued, which could lead to a short-term increase in its price as investors react to the new information.
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