Morgan Stanley Maintains Overweight on Accenture, Lowers Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette maintains an Overweight rating on Accenture (NYSE:ACN) but lowers the price target from $350 to $340.
June 23, 2023 | 1:06 pm
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Morgan Stanley maintains an Overweight rating on Accenture (NYSE:ACN) and lowers the price target from $350 to $340.
The news of Morgan Stanley maintaining an Overweight rating on Accenture but lowering the price target may have a neutral short-term impact on the stock price. While the Overweight rating indicates a positive outlook, the reduced price target may cause some investors to reevaluate their positions.
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IMPORTANCE 80
RELEVANCE 100