September 23, 2013 at 09:01 AM EDT
UBS Boosts Price Target on Accenture (ACN)

On Monday, UBS reported that it has raised its price target on technology and outsourcing solutions provider Accenture Plc (ACN).

The firm has boosted its price target to $80, suggesting a 3% upside from the stock’s current price of $77.32. This price target reflects a multiple that is above the industry average.

Accenture shares were mostly flat during pre-market trading Monday. The stock is up 16% YTD.

The Bottom Line

Shares of Accenture Plc (ACN) have a 2.10% yield based on Friday’s closing price of $77.32.

Accenture Plc (ACN) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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