7/104 sources · 4 publishersUpdated Oct 21, 14:39 UTC
Baird downgrades Accenture to Neutral while raising price target
On October 21, 2026, Baird cut Accenture's rating from Outperform to Neutral. The firm raised its price target to $252.00 from $245.00, citing valuation and slower expected growth after the stock's strong advance.
Why it matters
The downgrade signals that Baird sees a more balanced risk-reward profile for Accenture despite the higher target. For investors, the change lowers Baird's rating on the shares while leaving its stated valuation target above the cited market price.
Key facts
- 1Baird changed Accenture's rating to Neutral from Outperform and lifted its price target to $252.00 from $245.00. investing.com
- 2Baird said Accenture's fiscal 2027 guidance calls for mid-single-digit constant-currency growth. investing.com
- 3Baird cited projected organic constant-currency revenue growth of roughly 3% to 4% in fiscal 2027-2029, versus an 8% average from fiscal 2014-2023. investing.com
- 4Baird's downgrade followed a 100% increase in Accenture's stock since June, according to the report. seekingalpha.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.