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Stock impact report

Can Accenture plc (ACN)'s AI Push Drive the Next Leg of Growth? [Yahoo! Finance]

Accenture plc Class A Ordinary Shares (Ireland) (ACN) 
Last accenture plc class a ordinary shares (ireland) earnings: 3/19 06:44 am Check Earnings Report
US:NYSE Investor Relations: investor.accenture.com
Company Research Source: Yahoo! Finance
a rating of ‘Buy' or equivalent from slightly more than half of the analysts covering the stock. While the target price ranges from $205 to $330, the median target of $300 implies an upside potential of 11.12%. On December 19, Surinder Thind, an analyst at Jefferies, reaffirmed a ‘Hold' rating on the stock, with a price target of $270. Kevin McVeigh from UBS, among the analysts recommending the stock, lifted the price target on ACN to $320 from $315 and maintained a ‘Buy' rating on December 19, according to TheFly. The analyst highlighted the company's solid position in artificial intelligence and a steady demand environment. Pixabay/Public Domain UBS noted that the company's Advanced AI achieved $1.1 billion in revenue in the first quarter, marking a 120% YoY surge. Similarly, Advanced AI bookings reached $2.2 billion, 76% higher than last year. Accenture is poised to scale generative AI efforts for clients, the analyst added. What's even more interesting is Accenture's expan Show less Read more
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