Stifel Maintains Buy Rating for Accenture Following Strong Q3 Earnings

Reported about 12 hours ago

Stifel has reaffirmed its $355 price target and Buy rating for Accenture plc (NYSE:ACN) after the company reported Q3 earnings that surpassed expectations, showing a 13% increase in earnings per share and 4% organic growth. Despite some hesitance from management regarding the future impact of the Department of Government Efficiency, Stifel highlighted the consistency in both consulting and outsourcing sectors. The company's revenue guidance for Q4 remains steady amid ongoing macroeconomic uncertainties.

Source: YAHOO

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