BMO Capital Maintains Market Perform on Accenture, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained a 'Market Perform' rating on Accenture (NYSE:ACN) but lowered the price target from $360 to $350.
September 29, 2023 | 1:06 pm
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NEUTRAL IMPACT
Accenture's price target has been lowered from $360 to $350 by BMO Capital, though the 'Market Perform' rating is maintained.
The news directly pertains to Accenture as BMO Capital has lowered its price target for the company. However, the 'Market Perform' rating is maintained, indicating that the analyst expects the company's stock to perform at the same level as similar companies in the market. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100