Morgan Stanley lowered the firm’s price target on Accenture (ACN) to $325 from $340 and keeps an Equal Weight rating on the shares. Accenture raised the lower-end of the FY25 growth guidance by 100 basis points to 6%-7% year-over-year in constant currency, from 5%-7% previously guided, while anchoring to the lower-end of the 10-20 point margin expansion range at 10 basis points, the analyst noted. The firm raised its own FY25 constant currency growth forecast to 6.9% year-over-year, but says its “conservative” FY26 growth forecast of 5% year-over-year in constant currenty leads it to reduce its price target
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