SunTrust analyst Frank Atkins raised his price target on Accenture to $178, citing the "continued solid traction" in the company's digital segment while also reflecting the adjustments made for accounting and tax changes. Although the analyst believes that the company "deserves a premium" to its peer group thanks to its "strong rotation to digital" and "superior diversification", he sees near-term consensus estimates as fair. Atkins keeps his Hold rating on Accenture.
IBM (IBM) is scheduled to report results of its fiscal first quarter after the market close on April 24, with a conference call scheduled for 5:00 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here