Accenture To Surge Another 12.4%, Vetr Crowd Says

Shares of Accenture Plc ACN have gained almost 11 percent year-to-date and about 24 percent from their February lows. However, the Vetr crowd seems to believe the rally will continue, as evidenced by its average price target of $130.00, which implies a potential return of roughly 12.4 percent from current valuations.

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Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Accenture on Friday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.

It should be noted that, pretty much in accordance with the current score and price target, 100 percent of the crowd’s ratings are bullish right now.