Accenture plc (NYSE: ACN) is named one of the 13 Best Debt Free Dividend Stocks to Buy Now. RBC Capital raised its price target on Accenture to $295 from $285 after the company’s Q1 earnings beat. Overall bookings rose 10% year over year in local currency, with AI bookings up 22% from Q4.
Accenture agreed to acquire Cabel Industry from the Fibonacci Group to enhance technology offerings for financial institutions in Italy. The acquisition aims to deepen capabilities in banking and insurance and accelerate technology adoption among mid-market institutions. The deal is subject to customary closing conditions, with financial terms undisclosed.
Accenture helps businesses modernize through digital foundations and AI integration. While ACN shows investment potential, other AI stocks may offer greater upside and less downside risk. For a free report on a highly undervalued AI stock poised to benefit from current trends, see more on the best short-term AI stock.
Read more at Yahoo Finance: RBC Lifts Accenture (ACN) Target on Strong Bookings and AI Demand
