Accenture plc (ACN) PT Raised to $316 at Cowen

Cowen analyst Bryan Bergin raised the price target on Accenture plc (NYSE: ACN) to $316.00 (from $305.00) while maintaining an Outperform rating.

The analyst commented, "Continued recovery momentum (and then some) was evident via robust bookings growth & a solid revenue view. Organic pipeline replenishment underpinned bullish tone & enterprise IT modernization tailwinds are apt to drive further strong near-term results. ACN's appetite for increased M&A has emerged and is supported via robust FCF as its shareholder return framework remains consistent."

You May Also Be Interested In

• Accenture plc (ACN) PT Lowered to $226 at Mizuho
• Natera (NTRA) PT Raised to $270 at BTIG
• Berenberg Starts Natwest Group PLC (NWG:LN) (NWG) at Buy