Accenture plc (NYSE:ACN) is a top AI stock on Wall Street. Morgan Stanley upgraded the stock to “Overweight” with a price target of $320.00, citing growth potential and acquisitions. The firm forecasts 5% growth for fiscal year 2026 and 7% for fiscal year 2027, beating estimates.

Morgan Stanley believes lower interest rates and AI clarity could support Accenture’s budget growth, with M&A opportunities offering additional upside. The firm sees an attractive entry point for investors at current levels, projecting strong growth for the company in the coming years.

While Accenture (NYSE:ACN) offers consulting and strategy services, some believe other AI stocks may offer greater upside potential with less downside risk. Investors looking for undervalued AI stocks should consider alternatives highlighted in a free report on the best short-term AI stock.

For more insights on AI stocks, check out “10 Trending AI Stocks on Wall Street” and “11 AI Stocks Analysts Are Watching Closely.” No disclosures were reported in relation to this news.

Read more at Yahoo Finance: Morgan Stanley Upgrades Accenture (ACN) to Overweight, Raises Target to $320