Accenture stock steadies near $289 as Wells Fargo raises target; traders eye March 19 earnings call
Accenture shares rose 0.1% to $288.87 midday Thursday, holding gains after a 4.2% jump Wednesday. Wells Fargo raised its price target to $275 but maintained an equal-weight rating. Infosys’ revenue forecast upgrade boosted sentiment across IT services stocks. Accenture recently reported $18.74 billion in quarterly revenue, beating estimates, and announced an acquisition of UK AI firm Faculty.