Barclays Maintains Overweight on Accenture, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal maintains an Overweight rating on Accenture (NYSE:ACN) but lowers the price target from $390 to $350.
June 17, 2024 | 3:40 pm
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Barclays analyst Ramsey El-Assal maintains an Overweight rating on Accenture but lowers the price target from $390 to $350. This suggests a positive long-term outlook but a more cautious short-term view.
The Overweight rating indicates a positive long-term outlook for Accenture, but the lowered price target suggests some short-term caution. Investors might see this as a mixed signal, leading to neutral short-term price movement.
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