J.P. Morgan Remains NEUTRAL on RECN

Analysts at J.P. Morgan maintained their Neutral rating on shares of RECN. They also lowered their price target from $22 down to $19.

According to J.P. Morgan, shares have "priced in some of the concerns that the company's revenues have not yet firmed and continues to deteriorate further."

Resources Connection is a professional services company, providing finance, accounting, risk management and internal audit, information management, human resources, supply chain management, actuarial and legal services in support of client-led projects and initiatives.