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Accenture (ACN) Faces Headwinds, but Analyst Maintains Buy With $315 Target
Yahoo Financeยท 2025-09-22 20:49
Core Insights - Accenture plc (NYSE:ACN) is identified as a significant AI stock to monitor on Wall Street, with a recent price target adjustment from Stifel analyst David Grossman from $355.00 to $315.00 while maintaining a Buy rating [1] - The company has underperformed the equal-weight S&P by approximately 2500 basis points over the past 90 days, attributed to low industry growth and stronger performance in AI-driven software and semiconductor sectors [1] Group 1 - Higher-risk areas for Accenture include Song (digital marketing), application services, and government services, with market fears potentially overstated [2] - Stifel anticipates a potential outperformance for Accenture with an estimated 2% year-over-year constant currency organic revenue growth, supported by stable macroeconomic conditions and improved U.S. federal results [2] - The risk-reward profile for Accenture is considered "very compelling" for patient investors [3] Group 2 - While Accenture shows investment potential, there are other AI stocks that may offer greater upside potential and lower downside risk [4]