Analysts Cut Accenture, Lululemon Targets

Analysts trimmed targets on several big names today. The moves were modest in size but signal shifting sentiment across tech, retail, and materials.

ACN took the sharpest hit. The consensus target fell to $200.89 from $208.16. That is a drop of over $7. The IT services giant carries a $78.6 billion market cap. Short interest sits at a low 4.4% of free float, so bears are not piling in — but bulls are clearly cooling off.

LULU also saw a target cut, slipping to $132.16 from $133.74. The athletic-wear brand has struggled with slowing growth. Its SI % FF stands at 7.5%. Short sellers have a modest but growing presence.

On the positive side, ALB got a target boost to $214.65 from $213.97. The lithium producer has been under heavy pressure from weak lithium prices. SI % FF is 9.1%, reflecting ongoing bearish bets. Even a small target lift is a sign of creeping optimism.

LLY also received a higher target, now averaging $1,218.72. Analysts remain firmly bullish on Eli Lilly. New coverage was initiated on DDOG with a consensus target of $241.36, reflecting strong demand for cloud observability tools.