business

Can Accenture Turn Its AI Strategy Into Sustainable Growth?

Can Accenture Turn Its AI Strategy Into Sustainable Growth? Accenture's fortunes have been a mixed bag for investors this year, with shares down over 25%.

However, the company's bet on AI has become its greatest hope for long term growth.

Morgan Stanley recently increased its price target to $175 and UBS upgraded its rating to Buy with a target of $275, sending Accenture shares soaring.

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