Market Overview

UPDATE: Citigroup Raises PT to $37 on Robert Half International; Shifts Valuation to 2014

Related RHI
8 Biggest Price Target Changes For Monday
Benzinga's Top Downgrades

Citigroup maintained Robert Half International Inc. (NYSE: RHI) with a Neutral and raised the price target from $30.00 to $37.00.

Citigroup noted, "1Q13 revenue guidance range ($1.01B-$1.06B) came in below the Street ($1.07B) but EPS ($0.38-$0.43) bracketed the Street ($0.40). The company continues to outperform our gross margin expectations on improving billpay spreads and SG&A cost controls, but we wonder how long that can last. We have modestly raised our margin assumptions and lowered our tax rate which broadly increases our EPS expectations."

Robert Half International closed at $33.53 on Tuesday.

Latest Ratings for RHI

Oct 2016Credit SuisseDowngradesNeutralUnderperform
Sep 2016Northcoast ResearchDowngradesNeutralSell
Aug 2016MacquarieInitiates Coverage onNeutral

View More Analyst Ratings for RHI
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Price Target Analyst Ratings


Related Articles (RHI)

View Comments and Join the Discussion!