Accenture plc (NYSE:ACN) is among the Buzzing AI Shares on Wall Road. On December 16, Morgan Stanley upgraded the inventory from Equal weight to “Chubby” and raised its value goal to $320.00 from $271.00. The agency believes that the inventory is compelling at present ranges.
Morgan Stanley famous that decrease rates of interest and extra synthetic intelligence readability may assist price range progress. Furthermore, acquisitions might add extra upside for the inventory.
“Upgrading ACN to OW as we see a sexy entry level at 18x FY27 EPS and ahead revisions are doubtless going up. Decrease rates of interest and extra AI readability may assist price range progress, with M & A including upside.”
The agency forecast Accenture’s progress at 5% for fiscal yr 2026 and seven% for fiscal yr 2027, beating consensus estimates.
Accenture plc (NYSE:ACN) affords technique and consulting providers.
Whereas we acknowledge the potential of ACN as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back danger. In the event you’re searching for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.
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Disclosure: None.
