Accenture price target raised to $445 from $410 at Redburn Atlantic

Redburn Atlantic analyst Alex Haissl raised the firm’s price target on Accenture to $445 from $410 and keeps a Buy rating on the shares. The analyst believes generative artificial intelliotence will enhance and accelerate IT services by allowing the companies to leverage their existing codebase alongside AI capabilities. Accenture remains the best positioned from an offering perspective to benefit from the generative AI theme, the analyst tells investors in a research note.