TD Cowen analyst Bryan Bergin lowered the firm’s price target on Accenture (ACN) to $295 from $313 and keeps a Buy rating on the shares. The firm said Q4 results were better than the more dire expectations, but the setup faced an uphill battle, and positive aspects were balanced by cautionary factors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACN:
- Accenture price target lowered to $285 from $372 at RBC Capital
- Accenture price target lowered to $330 from $350 at Baird
- Accenture price target lowered to $270 from $325 at BMO Capital
- Accenture price target lowered to $285 from $305 at Guggenheim
- Accenture price target lowered to $290 from $302 at JPMorgan