UPDATE: Deutsche Bank Upgrades Robert Half International to Buy, Raises PT
In a report published Monday, Deutsche Bank upgraded its rating on Robert Half International (NYSE: RHI) from Hold to Buy, and raised its price target from $33.00 to $45.00.
Deutsche Bank noted, “While the stock is up from its recent lows, we think there is significant room for it to run due to the potential workforce changes companies will undertake to deal with healthcare reform. We have not yet captured this potential benefit in our 2013E EPS, but even without it we are comfortable with our above consensus estimates.”
Robert Half International closed on Friday at $29.26.
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