Truist Lowers Price Target for Accenture Following Q3 Earnings
Truist Financial Corporation (TFC) reduced its price target for Accenture (ACN) to $150 from $210 following the company's fiscal Q3 earnings report. The firm cited revenue headwinds, including a $100 million impact in the Middle East and macroeconomic uncertainties affecting guidance.
Topics: AI Impact Earnings Geopolitical Risk Revenue Guidance