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Accenture Stock Price Prediction: How Far Is ACN From Goldman's $260 Target
Goldman Sachs raised its Accenture price target to $260 after the company's October 1 earnings beat, implying roughly 22% upside from the current price near $212.30. Reaching it would mean Accenture's valuation multiple expands meaningfully from where it sits today, not just that earnings keep growing.
Accenture Stock Jumped 16% After Earnings: How Record Bookings Erased a Year of AI Fears
Accenture stock closed up about 16% on October 1 after fiscal Q4 results beat estimates and bookings hit a record $84.5 billion for the year, intraday gains briefly touched nearly 24%. The move reversed a roughly 30% year to date decline driven by fears that AI would gut demand for traditional consulting work.
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