Accenture plc (ACN) PT Lowered to $365 at TD Cowen

TD Cowen analyst Bryan Bergin lowered the price target on Accenture plc (NYSE: ACN) to $365.00 (from $394.00) while maintaining a Buy rating.

The analyst commented, "ACN acknowledged the obvious in Fed procurement pressure amid DOGE; the extent of impact is still a finger in wind, but headwind nonetheless. The rest of its biz remains unchanged to date. MS mix is supportive for insulation & ACN's relative positioning in Services is solid, but caution apt to remain prevalent NT amid uncertainty. FY26/27 ests trimmed for risk until clarity emerges. PT $365."

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