BUZZ-Truist initiates Accenture coverage with 'buy'
Reuters
Jan 06
BUZZ-Truist initiates Accenture coverage with 'buy'
** Truist Securities initiates coverage on IT consulting firm Accenture ACN.N with "buy" rating
** Sets PT at $317, a 20.1% upside to stock's last close
** "Over 90% of Accenture’s 6,000 projects are in the early stages (proof of concept). This gap represents latent demand waiting to be unlocked as enterprise workflows and governance frameworks mature" - Truist
** Avg rating of 28 analysts is "buy"; median PT is $298 - data compiled by LSEG
** ACN fell 23.7% in 2025
(Reporting by Anhata Rooprai in Bengaluru)
((Anhata.Rooprai@thomsonreuters.com))
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