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.
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