Accenture price target lowered to $250 from $300 at Evercore ISI

Evercore ISI lowered the firm’s price target on Accenture (ACN) to $250 from $300 and keeps an Outperform rating on the shares. Accenture reported a “solid” February quarter beat and raised its FY26 constant currency growth expectation to 3%-5% from 2%-5% previously, notes the analyst, who also points out that the company “materially” raised free cash flow guidance to $10.8B-$11.5B.