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Deutsche Bank lowers Accenture price target amid federal services challenges
Deutsche Bank has lowered its price target for Accenture plc to $290 from $365 while maintaining a Hold rating, following the company's report of $16.7 billion in revenue for 2025, which reflects a 5.4% year-over-year increase. Despite strong fundamentals, Accenture faces challenges in its Federal Services business due to government spending cuts and macroeconomic uncertainties. Analysts from TD Cowen and Stifel have also adjusted their price targets to $365 and $355, respectively, while noting the company's strategic focus on digital transformation and AI as key to navigating current market conditions.
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