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Fly News Breaks for July 11, 2017
ACIW
Jul 11, 2017 | 09:01 EDT
Craig-Hallum analyst George Sutton says he has become aware of a very important rollout occurring with a top 5 U.S. bank that will be using the ACI Worldwide single message, direct connection capability with major retailers. The analyst believes the online version will be launched first, with the store-based version to be launched in early 2018. Given the size and influence this bank has, success could create a meaningful acceleration for other pipeline deals to move forward, Sutton adds. He reiterates a Buy rating and $28 price target on the shares.
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