Deutsche Bank Starts Accenture plc (ACN) at Buy; Industry Leader Separating from the Pack

Deutsche Bank initiates coverage on Accenture plc (NYSE: ACN) with a Buy. PT $71.00.

Deutsche analyst says, "Viewing Accenture as the industry-leading consulting and outsourcing partner for global enterprises, we believe that the company's leading business transformation work in both consulting and outsourcing, scaled Global Delivery Network (GDN), and presence in high-growth emerging markets will catalyze a trend of above-industry-average revenue growth and yield outperformance over the next 12 months."

For more ratings news on Accenture plc click here and for the rating history of Accenture plc click here.

Shares of Accenture plc closed at $54.85 yesterday.

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