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 (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 ...