Accenture POISED to Hit Q3 Target and 4 Stock Insights to Consider
Jive Software, Inc. (NASDAQ:JIVE): Because of Microsoft’s (NASDAQ:MSFT) agreement to purchase enterprise social networking company Yammer for 1.2B, Citigroup sees the probability of Jive being a target for acquisition increase. The firm gives the shares a Buy rating and a $30 price target.
Apollo Group Inc. (NASDAQ:APOL) positive commentary in regards to its analysis of Gainful Employment data will probably relieve investors. Due to valuation, the firm reiterates its Outperform rating on shares.
News Corp. (NASDAQ:NWSA): After several reports that News Corp. intends to begin its Publishing business, Wells Fargo claims that this possible splint makes sense and would be a positive catalyst for the company. The firm keeps and Outperform rating and a $24-$26 price target on the stock.
Accenture plc (NYSE:ACN): According to Janney Capital, Accenture will likely report solid results for Q3 following Thursday’s close and guidance should be maintained. The firm thinks the company is positioned well in Europe, and the firm predicts broad-based growth as well as commentary to be cautious but excited. Shares are given a Buy rating with a $71 price target.
Huron Consulting Group Inc. (NASDAQ:HURN): Following the company’s agreement to acquire AdamsGrayson, a firm for electronic discovery document review and legal staffing, William Blair states that the deal could provide an opportunity for the company to raise its processing revenue and bolster its presence within the DC market. The firm believes the acquisition will add 2c-6c to Huron’s annual EPS while maintaining an Outperform rating on shares of Huron.
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