Accenture: Valuation Has Already Priced In The Near-Term Upside (Rating Upgrade)

My previous investment thoughts on Accenture (NYSE: ACN ) (published in April this year) were a sell rating, as I believed the demand outlook was bleak. The share price moved as I expected, dropping from ~$332 to as low as ~$278 (my targetI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the me ...