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ACN

Accenture

$116.97

-0.49 (-0.42%)

06:59
10/12/16
10/12
06:59
10/12/16
06:59

Accenture to provide federal agencies with human resources services

Accenture subsidiary Accenture Federal Services has qualified to provide human capital strategy, training and development, and performance-improvement services to U.S. federal agencies under an $11.5B Human Capital and Training Solutions Contracts award vehicle. Under the contracting vehicle, Accenture will be able to offer U.S. federal agencies a variety of human capital, training and related services, including professional management and leadership development; human capital strategy consulting services; human resources and HR-management temporary services; information technology support of HR systems; development of HR systems; and organizational performance improvement, including organizational transformation and business process reengineering. HCaTs contract sales are expected to be about $1B per year over 10.5 years.

  • 23

    Oct

ACN Accenture
$116.97

-0.49 (-0.42%)

09/26/16
SOCG
09/26/16
UPGRADE
SOCG
Buy
Accenture upgraded to Buy from Hold at Societe Generale
09/08/16
WEDB
09/08/16
INITIATION
Target $125
WEDB
Outperform
Accenture initiated with an Outperform at Wedbush
Wedbush analyst Moshe Katri initiated Accenture with an Outperform and named it a Top Pick in IT Services with a $125 price target. The analyst expects Accenture to continue to benefit from recent SMAC investment as well as from its aggressive global delivery model which will likely provide incremental growth and scale. Katri recommends owning the stock post Q4 earnings on September 29, which he expects cautious guidance commentary but notes management has a long, consistent track record of returning cash to shareholders.
07/12/16
PACS
07/12/16
INITIATION
PACS
Overweight
Accenture initiated at Pacific Crest
As noted earlier, Pacific Crest initiated coverage of Accenture with an Overweight rating. The firm expects the company's revenue to continue to grow going forward, driven partly by the quality of its global delivery model and increased demand in the wake of technological upgrades. Target $129.
07/12/16
PACS
07/12/16
INITIATION
Target $129
PACS
Overweight
Accenture initiated with an Overweight at Pacific Crest
Pacific Crest analyst Arvind Ramnani started Accenture with an Overweight rating and $129 price target.

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