Accenture (ACN) Surges After 'Very Strong' Q3 Results, Broadly Bullish Results Likely to Continue Driving Shares Higher Says Analyst
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Go back to Accenture (ACN) Surges After 'Very Strong' Q3 Results, Broadly Bullish Results Likely to Continue Driving Shares Higher Says Analyst
June 25, 2021 9:19 AM EDT
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... More
June 25, 2021 8:16 AM EDT
Jefferies analyst Surinder Thind raised the price target on Accenture plc (NYSE: ACN) to $319.00 (from $309.00) while maintaining a Hold rating.
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June 24, 2021 1:40 PM EDT
Stifel analyst David Grossman raised the price target on Accenture plc (NYSE: ACN) to $342.00 (from $305.00) while maintaining a Buy rating following strong results.
The analyst commented, "A strong beat and raise quarter was highlighted by accelerating growth across all segments after adjusting... More
June 24, 2021 6:46 AM EDT
Accenture (NYSE: ACN) reported Q3 EPS of $2.40, $0.17 better than the analyst estimate of $2.23. Revenue for the quarter came in at $13.3 billion versus the consensus estimate of $12.54 billion.
GUIDANCE:
Accenture sees FY2021 EPS of $8.71-$8.80, versus the consensus of $8.48.
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