Accenture price target raised to $310 from $300 at Citi

Citi analyst Ashwin Shirvaikar raised the firm’s price target on Accenture to $310 from $300 and keeps a Buy rating on the shares. The company delivered a solid, above-consensus fiscal Q2 report, the analyst tells investors in a research note. Citi remains cautious on industry growth trends and gives credit to Accenture’s "diversified base and offering breadth for these results."