Accenture price target raised to $275 from $251 at Wells Fargo

Wells Fargo analyst Jason Kupferberg raised the firm’s price target on Accenture (ACN) to $275 from $251 and keeps an Equal Weight rating on the shares. The firm says its IT Services CIO Survey suggests a neutral/modestly positive 2026 demand backdrop. Wells anticipates largely stable growth with potential improvements in discretionary spend. AI will also likely be a net tailwind to Services revenues.