JPMorgan lowered its price target on Accenture from $201 to $179 while maintaining an Overweight rating. The revised target still implies an upside of over 43% from current levels. The move follows Accenture's mixed third-quarter fiscal 2026 results, which included a $400 million hit to its Middle East business from the war and a cut to full-year revenue growth guidance to between 3% and 4%, down from a prior range of 4% to 5%. JPMorgan attributed the stock's nearly 25% decline over the past week to lower revenue growth and higher inorganic investments, but called the selloff harsh.
Accenture plcJPMorgan lowered price target and Accenture cut full-year revenue guidance due to Middle East war hit and lower growth.
JPMorgan Chase & Co