BMO Capital Maintains Market Perform Rating for Accenture: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Market Perform rating for Accenture (NYSE:ACN) but lowered its price target from $360.00 to $350.00. Accenture's shares are currently trading at $302.00, up 0.41% over the last 24 hours. A move to $350.00 would represent a 15.89% increase from the current share price.
September 29, 2023 | 5:00 pm
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BMO Capital has maintained its Market Perform rating for Accenture but lowered its price target. This could potentially impact investor sentiment and the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and the stock's price. While the maintenance of the Market Perform rating suggests that BMO Capital expects Accenture's stock to perform in line with the market, the lowering of the price target could indicate a less optimistic outlook, potentially impacting the stock's price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100