Accenture (ACN) Faces Profit Margin Pressure as AI Investments Rise
Accenture plc (NYSE:ACN) is one of the Top AI Stocks in the Spotlight on Wall Street. On September 26, Guggenheim analyst Jonathan Lee lowered the price target on the stock to $285.00 (from $305.00) while maintaining a Buy rating. The firm noted that even though Accenture’s revenue growth was strong and management provided a FY26 outlook in line with expectations, investors are still worried about the company’s profit margins. The company has announced yet another restructuring in the quarter to free up ...