JP Morgan Maintains Overweight on Accenture, Lowers Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Accenture (NYSE:ACN) but lowers the price target from $376 to $370.
September 24, 2024 | 1:55 pm
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JP Morgan has maintained its Overweight rating on Accenture but has slightly reduced the price target from $376 to $370, indicating a modest adjustment in expectations.
The Overweight rating suggests continued confidence in Accenture's performance, but the lowered price target indicates a slight reduction in expected upside. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100