Baird Maintains Neutral on Accenture, Raises Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning maintains a Neutral rating on Accenture (NYSE:ACN) and raises the price target from $350 to $370.
September 27, 2024 | 11:07 am
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Baird analyst David Koning maintains a Neutral rating on Accenture but raises the price target from $350 to $370, indicating a positive outlook on the stock's potential value.
The increase in the price target from $350 to $370 suggests a positive outlook on Accenture's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100