Morgan Stanley Upgrades Accenture (ACN) to Overweight, Raises Target to $320

Accenture plc (NYSE:ACN) is one of the Buzzing AI Stocks on Wall Street. On December 16, Morgan Stanley upgraded the stock from Equal weight to “Overweight” and raised its price target to 320.00from320.00 from 271.00. The firm believes that the stock is compelling at current levels. Morgan Stanley noted that lower interest rates and more artificial intelligence clarity could support budget growth. Moreover, acquisitions may add additional upside for the stock. "Upgrading ACN to OW as we see an attractive entry ...