BUZZ-Brokerages raise PT on Accenture ahead of earnings

Reuters12-10
BUZZ-Brokerages raise PT on Accenture ahead of earnings

** Jefferies raises PT on IT consulting firm Accenture ACN.N to $270 from $250, largely in line with stock's last close

** "We would be surprised if quarterly results did not endup towards the high end of guidance" - Brokerage

** Jefferies says AI bookings likely to continue "solid q/q growth, albeit from a low base"

** Deutsche Bank raises PT to $265 from $235, implying an upside of 1.7% to stock's last close

** Average rating of 28 analysts is "buy," their median PT is $277.22 - data compiled by LSEG

** Up to last close, stock has fallen 23.4% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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