Accenture (ACN) to Acquire AOX

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Go back to Accenture (ACN) to Acquire AOX

What's at stake for Accenture from DOGE

December 3, 2024 1:30 PM EST

Morgan Stanley analysts raised concerns over the potential impact of the newly formed Department of Government Efficiency (DOGE) on Accenture's (NYSE: ACN) federal services arm in a note Tuesday.

DOGE, led by Elon Musk and Vivek Ramaswamy, was established to significantly reduce federal expenditures, restructure agencies, and ease regulatory burdens. Its recommendations are expected by mid-2026.

The bank... More