JPMorgan Analyst Cuts Price Target for Accenture (ACN) by $46 Amid Growth Concerns
On June 8, JPMorgan analyst Tien Tsin Huang reduced his price target on Accenture from $247 to $201 while maintaining an Overweight rating. The adjustment reflects weaker-than-expected results in the consulting sector and uncertainty around AI tokenomics.
Topics: Accenture AI tokenomics JPMorgan price target cut stock underperformance