Accenture price target raised to $325 from $300 at TD Cowen

TD Cowen analyst Ashwin Shirvaikar raised the firm’s price target on Accenture to $325 from $300 and keeps an Outperform rating on the shares. The firm noted they report on June 22 and said an argument for meaningful upside is tough to see following recent multiple expansion on genAI optimism, however, we think a combination of factors may enable shares to remain stable around its 3Q print.