WS #10107
Accenture stock crashed to a 52-week low after reporting weak Q4 guidance, despite a profit beat, as investors focused on the disappointing outlook. Multiple analysts raised Micron price targets (Stifel to $1500, Wedbush to $1300) and Apple confirmed memory price pass-through, boosting SanDisk and Micron shares.
Accenture (ACN) Crashes on Weak Guidance
Accenture stock crashed to a 52-week low after reporting weak Q4 guidance, despite a profit beat, as investors focused on the disappointing outlook.
Multiple analysts raised Micron price targets (Stifel to $1500, Wedbush to $1300) and Apple confirmed memory price pass-through, boosting SanDisk and Micron shares.