Accenture price target lowered to $370 from $390 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Accenture (ACN) to $370 from $390 but keeps a Buy rating on the shares. The stock’s post-earnings sell-off is overdone in light of the company’s strong results and execution, though the firm is also acknowledging that there are more headwinds than tailwinds heading into FY26 based on management’s commentary, the analyst tells investors in a research note. Accenture’s constant-currency revenue guidance of up 1%-5% was modestly disappointing as it implies a lower starting point for FY26 relative to Street estimates, the firm added.