Accenture price target lowered to $294 from $350 at TD Cowen

TD Cowen lowered the firm’s price target on Accenture to $294 from $350 and keeps a Hold rating on the shares. The firm is maintaining a neutral to cautious view into the company’s 3Q print as the channel reflects a continuation of sluggish enterprise spending and they see more downside than upside risk to 4Q and 2025 Street estimates.