Mizuho lowered the firm's price target on Accenture to $226 from $280 and keeps an Outperform rating on the shares. The company's fiscal Q3 results and updated fiscal 2026 guidance fell short of expectations, the analyst tells investors in a research note. The firm says that while Accenture's bookings growth decelerated for the second consecutive quarter, the company's longer-term story is "better than feared." Mizuho sees enterprises increasingly turning to Accenture as a trusted partner for AI implementations.
