Market Overview

Morgan Stanley Updates Forecast For Accenture PLC

Share:
Related ACN
Accenture to Acquire Schlumberger Business Consulting, the Management Consulting Arm of Schlumberger, to Expand Accenture Strategy Capabilities in Upstream Oil and Gas
Using Cryptocurrency To Fight Crime
Tactical Dividend Growth: Buying Biotech, Assessing Market Volatility (Seeking Alpha)

In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on Accenture PLC (NYSE: ACN).

In the report, Morgan Stanley noted, “Strong revenue performance confirms the cyclical recovery in consulting and Europe highlighted by our leading indicator model in March. Investments in the business, payroll inefficiencies, and continued, although stabilized, pricing pressure limit margin expansion in FY14.”

Accenture PLC closed on Thursday at $81.53.

Latest Ratings for ACN

DateFirmActionFromTo
Jun 2015CitigroupMaintainsNeutral
Jun 2015Deutsche BankMaintainsBuy
Jun 2015JP MorganMaintainsOverweight

View More Analyst Ratings for ACN
View the Latest Analyst Ratings

Posted-In: Katy L. Huberty Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (ACN)

Get Benzinga's Newsletters