GeneralBearishBlockonomi · 3h ago6/10
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Accenture (ACN) Stock Plummets 25% in Historic Selloff Following Disappointing Bookings
Accenture stock experienced a historic 25% weekly decline following disappointing Q3 bookings results. TD Cowen downgraded the stock from Buy to Hold and slashed its price target by 42%, from $258 to $150, signaling significant concerns about the company's near-term growth trajectory and client spending patterns.