On September 18, Accenture PLC fell 3.01% in regular trading, trading at $184.8 USD/share, with turnover of $80.23 million.

On the news front, Guggenheim downgraded Accenture PLC from Buy to Neutral. Notably, Wells Fargo Securities had also downgraded the stock from Overweight to Neutral just days earlier on September 14, setting a price target of $194. Two consecutive rating downgrades from major institutions within a short span have weighed on market sentiment. According to FactSet, Accenture PLC currently holds an average analyst rating of Overweight with a mean price target of $185.43.

Within the IT Consulting & Other Services sector, the broader group traded under pressure. Among individual stocks, IBM fell 1.68%, Cognizant Technology Solutions Corp fell 2.13%, Gartner fell 2.05%, Kyndryl fell 2.55%, while Quantinuum rose 0.55%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)