Accenture’s AI Advantage Sparks Bullish Initiation by Berenberg

Accenture plc (NYSE:ACN) is one of the AI Stocks Analysts Are Watching. On January 22, Berenberg analyst Meha Pau initiates coverage on the stock with a Buy rating and a price target of $313. According to the firm, a retest is underway in the IT services sector, with AI reshaping demand in favor of large, embedded vendors. AI is disrupting the labor-intensive delivery model, the firm noted, enabling employee productivity to be a key differentiator. Berenberg highlighted Cognizant as one of the leading pee ...