Accenture falls after brokerage BNP Paribas cuts PT
17/06/2026 20:58
BUZZ-Accenture falls after brokerage BNP Paribas cuts PT ** Shares of IT consulting firm Accenture ACN.N fall 5.1% to $157.03
** BNP Paribas cuts PT on ACN to $180 from $210, still implying ~9% to the stock's last close
** "We wait for the company to clearly signal for demand driven re-acceleration before turning more positive, despite the value opportunity that is emerging with estimates seemingly bottoming, with slight upgrades possible" - brokerage
** 18 of 30 brokerages rate the stock "buy" or higher, 11 "hold" and one "sell"; their median PT is $237 - data compiled by LSEG
** Up to last close, stock down ~38% this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))
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