Piper Sandler lowered the firm’s price target on Accenture (ACN) to $364 from $396 and keeps an Overweight rating on the shares. The firm notes Accenture posted modest upside to Q2 expectations across revenue and EPS with both moderately exceeding consensus estimates, while operating income came in slightly below. FY25 guidance revisions were mixed with revenue/EPS targets narrowing to the upside; operating margin narrowing to the downside.
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