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ACN — Accenture News Story

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Accenture rises after setting long-term revenue targets

BUZZ-Accenture rises after setting long-term revenue targets

** Global IT consulting and technology services company Accenture ACN.N up 1.1% to $216.2 in early trading

** Co sees mid-single digit growth in FY28 and mid- to high-single-digit growth in FY29 - filing

** Co's FY29’s growth target exceeds analysts' estimates, TD Cowen says citing Visible Alpha data

** Co reported 5% revenue growth for FY26 and 7% growth for FY25 in local currency terms

** Co sees 10-30 bps expansion in operation margin for FY28 and FY29

** Co hosts Investor Day on October 14

** 15 of 28 brokerages rate the stock "buy" or higher and 13 "hold"; median PT $230.52 — data compiled by LSEG

** Including session's move, ACN down around 20% YTD


(Reporting by Jayasree Prabhu)

((jayasree.prabhu@thomsonreuters.com))

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