Guggenheim Reiterates Neutral Rating on Accenture plc (ACN)

Guggenheim analyst Jonathan Lee reiterated a Neutral rating and {REMOVEPT} price target on Accenture plc (NYSE: ACN).

The analyst commented: "On Friday, after market close, ACN announced it will build a team of evaluators embedded at Anthropic to help test the safety of its AI models. We connected with the company, which indicated the work is a paid engagement led by Faculty, the AI firm ACN acquired earlier this year. We see the deal as strategically sensible and a step toward higher value AI work, but not large enough to change our estimates or our view near term. We maintain our Neutral rating."

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 $181.29 yesterday.

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