0019 GMT - WiseTech Global's bull at Jefferies is confident that the logistics-software provider can successfully integrate its largest-ever acquisition while still focusing on other operations. Analyst Roger Samuel points out that e2open, which WiseTech is buying for US$2.1 billion, has itself made 13 acquisitions. This means that its employees have experience of integration processes, Samuel writes in a note. WiseTech's product development and acquisition teams are decoupled from each other, Samuel adds, allowing both to stay strictly focused on immediate projects. Jefferies has a buy rating and A$115.50 target price on the stock, which is up 2.7% at A$107.59. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
May 26, 2025 20:19 ET (00:19 GMT)
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