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Accenture price target raised to $415 from $350 at Barclays

Barclays raised the firm’s price target on Accenture to $415 from $350 and keeps an Overweight rating on the shares. The firm updated the company’s model post the fiscal Q4 results. Accenture is the best positioned name in IT services to capture the next wave of generative artificial intelligence demand, the analyst tells investors in a research note.

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