Accenture Plc (ACN) is attracting ample attention from investors, showing ample shareholder activity with multiple institutional investors adjusting their stakes. Several entities, including Lord Abbett & CO. LLC and Retirement Systems of Alabama, reduced their holdings, while others such as Greenwood Gearhart Inc. and LRI Investments LLC, increased their positions. Accenture's position is raised significantly by Piper Sandler citing the potential for a client budget rebound by CY25, and by Goldman Sachs which upgraded the stock to a 'Buy'. The company's strength in Generative AI, with $3B in bookings, is underscored as a noteworthy feat. Additionally, Accenture has committed to addressing the human capital challenge and launched a program to foster AI Expertise alongside Stanford Online. Despite varying movements in ACN's share price, a bullish sentiment surrounding the stock is apparent due its strategic acquisitions, AI expansion ambitions, and a potential global rebound. However, potential negatives include recent insider trading activity, including a significant divestment by CEO Julie Sweet. ACN is slated to announce its earnings soon, and Wall Street anticipates growth.
Accenture Plc ACN News Analytics from Fri, 26 Jul 2024 07:00:00 GMT to Sat, 14 Dec 2024 12:48:04 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor -6
