Accenture acquisition of Joshua Tree Group to help with gen AI: Baird
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- Accenture’s (NYSE:ACN) planned acquisition of privately-held Joshua Tree Group should help with the consultant firm’s generative artificial intelligence offerings, investment firm Baird said.
- “Joshua Tree Group will enhance Accenture’s ability to help distribution centers become more effective,” analyst David Koning wrote in a note to clients. “ACN will combine their digital technology with JTG’s expertise for Generative AI development and the creation digital twin warehouse solutions for retail and consumer goods clients.”
- Koning has a Neutral rating and $370 price target on Accenture.