Stifel raised the firm’s price target on Accenture to $395 from $363 and keeps a Buy rating on the shares ahead of the company’s fiscal Q2 report due Thursday, March 21. The firm and consensus assume growth accelerates in Q3 and Q4 on reported year-over-year basis, though growth is substantially more muted normalizing for comparisons, the analyst tells investors in a preview note.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ACN: