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Why Analysts Still Call Accenture (ACN) a ‘Best-in-Class’ Digital Franchise

Accenture plc (NYSE:ACN) is one of the AI Stocks on Market Radar. On September 23, Wolfe Research analyst Darrin Peller lowered the price target on the stock to 285.00(from285.00 (from 290.00) while maintaining an Outperform rating. The firm believes that Accenture holds a “best-in-class” digital franchise built on cloud, security, and industry-focused offerings. Investments in AI and cloud will position it to meet the growing demand for digital transformations. Looking ahead, the company’s end-to-end capabilitie ...