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Accenture price target raised to $369 from $355 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Accenture to $369 from $355 and keeps an Overweight rating on the shares. Accenture remains the firm’s relatively favorite IT Services stock as consistent M&A execution reassures on the company’s ability to remain front-footed with new technologies, the analyst tells investors in a research note.

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