Accenture (ACN) Strengthens Big Data Leadership With Rapid AI Expansion, UBS Boosts Price Target

Accenture plc (NYSE:ACN) ranks among the best big data stocks to invest in. UBS increased its price target for Accenture plc (NYSE:ACN) from $315 to $320 on December 19 while maintaining a Buy rating on the company’s shares, noting Accenture’s solid artificial intelligence position and steady demand. Accenture’s Advanced AI revenue reached $1.1 billion in the first quarter, up 120% year-over-year, while Advanced AI bookings were $2.2 billion, up 76% from the prior year. 360b / Shutterstock.com UBS cited ...