Analysts Slash Accenture''s Price Targets Over Softer Booking Potential, Guidance Economic Weakness
Accenture plc (NYSE: ACN ) clocked 15% revenue growth in Q4. It launched additional buyback and boosted the dividend. BMO Capital analyst Keith Bachman lowered the price target on Accenture to $312 from $315 and kept a Market Perform . Though the company delivered another "solid" quarter and guided FY23 revenue growth, he remained concerned with Accenture''s bookings potential in FY23 on a tough compare and in a weaker economy. He saw the management forecast … Full story available on Benzinga.com
Analysts Slash Accenture''s Price Targets Over Softer Booking Potential, Guidance Economic Weakness
Accenture plc (NYSE: ACN ) clocked 15% revenue growth in Q4. It launched additional buyback and boosted the dividend. BMO Capital analyst Keith Bachman lowered the price target on Accenture to $312 from $315 and kept a Market Perform . Though the company delivered another "solid" quarter and guided FY23 revenue growth, he remained concerned with Accenture''s bookings potential in FY23 on a tough compare and in a weaker economy. He saw the management forecast … Full story available on Benzinga.com