IT Services

Accenture stock drops even after Wells Fargo upgrade as investors stay cautious on IT services
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Accenture stock drops even after Wells Fargo upgrade as investors stay cautious on IT services

Accenture shares fell 1.6% to $220.61 by early afternoon Tuesday after a Wells Fargo upgrade failed to lift the stock. About 4.9 million shares traded as Accenture forecast Q2 revenue of $17.35 billion to $18.0 billion and kept its full-year growth outlook. Analyst upgrades from Wells Fargo and Zacks cited improved bookings and higher earnings estimates. The company reports fiscal Q2 results March 19.
February 17, 2026

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