Deutsche Bank Downgrades Accenture to Hold, Lowers Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has downgraded Accenture (NYSE:ACN) from Buy to Hold and lowered its price target from $409 to $295.
May 15, 2024 | 9:30 am
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Deutsche Bank has downgraded Accenture from Buy to Hold and significantly lowered its price target from $409 to $295.
The downgrade from Buy to Hold and the significant reduction in the price target from $409 to $295 by Deutsche Bank is likely to negatively impact investor sentiment and could lead to a short-term decline in Accenture's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100