Goldman Sachs Downgrades Accenture plc (ACN) to Neutral On Limited Upside

January 11, 2012 6:57 AM EST
Get Alerts ACN Hot Sheet
Price: $185.28 +2.17%

Rating Summary:
    26 Buy, 17 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs downgraded Accenture plc (NYSE: ACN) from Buy to Neutral with a price target of $57, citing a more balanced risk/reward following 2011 share outperformance.

While the company's positioning remains strong, macro risks limit valuation.

For an analyst ratings summary and ratings history on Accenture plc click here. For more ratings news on Accenture plc click here.

Shares of Accenture plc closed at $52.63 yesterday.


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