Baird analyst David Koning said they are designating Accenture (ACN) as a bearish Fresh Pick despite sayin they love the franchise. However, they expect F2025 EPS guidance to come down by about 2-2.5%, which could create mild pressure on the stock noting they guided below the fiscal year EPS consensus in 10 of the past 16 quarters; eight of those 10 times, the stock went down on the day of earnings. Baird maintains its Neutral rating and $370 price target on Accenture shares.
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