|Last Update: 06/19/13 - 2:55 PM EDT|
|YTD Performance: 24.71%|
|Previous Close: $82.93|
|52 Week Range: $55.34 - $84.23|
|Oustanding Shares: 681,978,364|
|Market Cap: 53,598,935,470|
|Qtr (05/13)||Qtr (08/13)||FY (08/13)||FY (08/14)|
|Number of Analysts||15||14||17||17|
|Growth Rate (Year over Year)||10.16%||23.05%||11.35%||9.38%|
ACN was upgraded to Buy, Goldman Sachs said. $90 price target. Consulting business is turning around.
Shares of ACN were initiated with a Buy rating, said UBS. Based on bookings, revenues should see reacceleration and EPS growth of 17% is expected in the second half of the year. Price target is $85.
Shares of ACN now seen reaching $74, according to Credit Suisse. Estimates also increased, as the company is seeing higher bookings growth. Neutral rating.
Former Nifty Fifty name Xerox has seen a rennaissance in 2013. Portfolio Manager David Peltier discusses if the stock can continue to run.
The really bad stuff that you might be cycling into will simply not hold up as well on the pullback.
ACN's price target was increased, said Deutsche Bank. The update comes ahead of earnings. Shares should rebound on a pick-up in demand in the second half of 2013. New price target is $87.
Now we get to the trades themselves.
As we have seen time and again, weakness really is a buying opportunity.