Morgan Stanley Maintains Overweight on Accenture, Maintains $400 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette maintains an Overweight rating on Accenture (NYSE:ACN) with a $400 price target.
June 21, 2024 | 5:54 pm
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Morgan Stanley analyst James Faucette has reiterated an Overweight rating on Accenture (NYSE:ACN) and maintained a $400 price target, indicating continued confidence in the company's performance.
The reaffirmation of an Overweight rating and a $400 price target by a reputable analyst from Morgan Stanley suggests strong confidence in Accenture's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100