RBC Capital has decided to maintain its Outperform rating of Accenture (NYSE:ACN) and lower its price target from $435.00 to $357.00.
Shares of Accenture are trading up 2.58% over the last 24 hours, at $293.21 per share.
A move to $357.00 would account for a 21.75% increase from the current share price.
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.