Accenture plc (ACN) PT Raised to $316 at Cowen
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Get Alerts ACN Hot Sheet
Rating Summary:
23 Buy, 20 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 15 | Down: 24 | New: 12
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Cowen analyst Bryan Bergin raised the price target on Accenture plc (NYSE: ACN) to $316.00 (from $305.00) while maintaining an Outperform rating.
The analyst commented, "Continued recovery momentum (and then some) was evident via robust bookings growth & a solid revenue view. Organic pipeline replenishment underpinned bullish tone & enterprise IT modernization tailwinds are apt to drive further strong near-term results. ACN's appetite for increased M&A has emerged and is supported via robust FCF as its shareholder return framework remains consistent."
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