UPDATE: Deutsche Bank Raises PT to $87 on Accenture Plc on Expected Consulting Rebound - Accenture (NYSE:ACN)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Deutsche Bank maintained Accenture Plc (NYSE: ACN) with a Buy rating and raised the price target from $75.00 to $87.00.Deutsche Bank noted, "On March 28, we estimate ACN to post 2Q13 revs of $7.07bn (+4.0% Y/Y, +5.0% cc) and EPS of $0.98. In our view, ACN will continue above-market growth from share gains, but the key for further upside in the shares will be dictated by a stronger-than-expected rebound in Consulting growth rates in 2HFY13 (shares expecting this in our view despite a continued soft spending environment currently). We believe ACN will reiterate FY13 guidance, remain the clear leader in IT Services and see a pick-up in demand in 2H13."Accenture Plc closed at $78.35 on Friday.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!