Morgan Stanley Downgrades Accenture to Equal-Weight, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has downgraded Accenture (NYSE:ACN) from Overweight to Equal-Weight and lowered its price target from $382 to $300.

June 26, 2024 | 9:26 am
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Morgan Stanley has downgraded Accenture from Overweight to Equal-Weight and reduced the price target from $382 to $300.
The downgrade from Overweight to Equal-Weight and the significant reduction in the price target from $382 to $300 by a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and could lead to a short-term decline in Accenture's stock price.
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