Accenture plc (NYSE:ACN) saw its price target lowered by Wolfe Research analyst Darrin Peller to $285.00, maintaining an Outperform rating. The firm praises Accenture’s digital franchise, emphasizing investments in AI and cloud to meet the rising demand for digital transformations.

Looking forward, Accenture’s end-to-end capabilities and consulting expertise are expected to drive share gains as enterprises adopt generative AI. However, risks such as tariffs and DOGE-related implications remain. Wolfe Research maintains an Outperform rating with a price target of $285, based on the company’s strong digital franchise and investments in AI and cloud.

Accenture plc (NYSE:ACN) is known for its strategy and consulting services. While the company shows promise as an investment, some believe other AI stocks offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks can explore further in a free report for the best short-term AI stock.

For more insights into AI stocks, check out “10 AI Stocks in Focus on Wall Street” and “10 Must-Watch AI Stocks on Wall Street.” Disclosure: None.

Read more at Yahoo Finance: Why Analysts Still Call Accenture (ACN) a ‘Best-in-Class’ Digital Franchise