Barrington Research Reiterates PRGX Global Outperform

Barrington Research reiterated its PRGX Global (NASDAQ: PRGX) Outperform rating in a research report published today. Barrington Research has a $9 price target on PRGX Global shares.

In the report, Barrington Research states, " With its net client base beginning to grow again after a decade of decline – a few recent big wins (a direct result of its new initiatives) both within retail and non-retail commercial as well as recovery audit and new services, we expect the company to finish 2011 on a strong note, marking the transition from investment (and turnaround) to accelerating growth mode in 2012 and beyond."

Shares of PRGX Global were trading at $5.55 at the time of posting, down 5.77% from Monday's market close.