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Fly News Breaks for June 19, 2018
ACN
Jun 19, 2018 | 08:48 EDT
As reported previously, Susquehanna analyst James Friedman upgraded Accenture to Positive from Neutral as he is incrementally more bullish that an ERP modernization cycle is starting. The analyst noted that 40% of Accenture revenues comes from these types of ERP platforms and he sees the company as well positioned to benefit mid-term. Friedman raised his price target to $190 from $165 on Accenture shares.
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