Accenture downgraded to Neutral amid demand concerns
Accenture shares fell after Guggenheim analyst Jonathan Lee downgraded ACN to Neutral, citing a disconnect between financial performance and the stock’s recent rise.
Shares of Accenture fell on Friday after the consulting company was downgraded by a Wall Street analyst who pointed to a disconnect between its financial performance and a recent rise in the stock price. Guggenheim analyst Jonathan Lee cut the stock to Neutral.