Accenture price target raised to $385 from $355 at Jefferies

Jefferies analyst Surinder Thind raised the firm’s price target on Accenture (ACN) to $385 from $355 and keeps a Hold rating on the shares. The firm has increased its FY25 adjusted EPS estimate by 16c to $12.87 on stronger revenue growth, but below-peer organic growth paired with an above-peer valuation keeps the firm at a Hold rating.