Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTVardah GillThu, June 4, 2026 at 4:53 PM GMT+2 2 min readAccenture plc (NYSE:ACN) is included among the 10 No-Brainer Dividend Stocks to Buy.Goldman Sachs and Stifel Cut Accenture (ACN) Targets Ahead of EarningsPhoto by Vitaly Taranov on UnsplashOn June 3, Goldman Sachs lowered its price recommendation on Accenture plc (NYSE:ACN) to $270 from $300. It reiterated a Buy rating on the shares. In a research note, the firm said growing concerns around the long-term impact of artificial intelligence, along with continued geopolitical uncertainty, are weighing on demand across the IT services sector and putting pressure on valuations. The analyst noted that these factors could affect Accenture’s near-term results and its fiscal 2026 outlook, despite the company’s strong backlog and clear visibility into client budgets.Also on June 3, Stifel analyst David Grossman reduced his price goal on Accenture to $270 from $315. He kept a Buy rating on the stock. Ahead of the company’s fiscal third-quarter earnings report, scheduled for June 18 before the market opens, Grossman said the firm expects business conditions to remain stable. Even so, he noted that the market appears to be “expecting less” heading into the results.Accenture plc (NYSE:ACN) is a global professional services company that provides services and solutions across strategy and consulting, technology, operations, Industry X, and Song.While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 15 Best Dividend Paying Stocks to Buy Right Now and 10 Best Long-Term Dividend Stocks to Invest In According to BillionairesDisclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyPrivacy & Cookie SettingsMore Info