Information Provided By:
Fly News Breaks for May 3, 2019
ACN
May 3, 2019 | 06:25 EDT
As previously reported, BofA/Merrill downgraded Accenture to Neutral from Buy with a $182 price target. Analyst Jason Kupferberg said shares have outperformed and sees limited upside to estimates and a lack of near-term catalysts to push shares higher.
News For ACN From the Last 2 Days
ACN
Jun 17, 2019 | 11:01 EDT
Accenture announced the acquisition of Deja vu Security, a privately held company that specializes in security design and testing of enterprise software platforms and internet of things technologies. The Seattle-area company has become part of Accenture Security's Cyber Defense offerings. Kelly Bissell, senior managing director of Accenture Security, said, "Deja vu Security's team of innovative specialists brings considerable technical cybersecurity skills, making them a strong strategic fit, and will help our clients reduce the risk of their connected solutions. We are very excited to welcome the Deja vu Security team to Accenture." Financial terms of the agreement were not disclosed.