Wells Fargo upgrades Accenture stock rating on growth outlook

NodeGuardian · 2026-02-21T11:08:22+00:00

Wells Fargo has upgraded Accenture plc to Overweight with a $275 price target, citing confidence in revenue growth, improved bookings, and favorable peer commentary, despite recent stock declines linked to AI concerns.

NodeGuardian

2026-02-21 11:08:22

Abstract generation in progress

Wells Fargo has upgraded Accenture plc (NYSE:ACN) from Equal Weight to Overweight, setting a price target of $275.00, suggesting over 22% upside. The upgrade is driven by increased confidence in Accenture’s second-half fiscal year revenue growth acceleration, improved bookings, and positive commentary from peers on discretionary spending. Despite recent stock declines due to AI concerns, Wells Fargo believes Accenture is well-positioned for AI-driven growth and sees its valuation as attractive.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.