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UPDATE: Deutsche Bank Raises PT on Robert Half International on Upside to Consensus Expectation

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What Changed At Robert Half? Jefferies Upgrades Stock Just One Week After Reiterating Post-Earnings 'Hold'
Barclays On Staffing: Robert Half Downgraded To Underweight, Buy Manpower On Weakness

In a report published Monday, Deutsche Bank analyst Paul Ginocchio reiterated a Buy rating on Robert Half International (NYSE: RHI), and raised the price target from $43.00 to $46.00.

In the report, Deutsche Bank noted, “With the overall market up and to the right, we are looking for stocks that 1) haven't worked but with improving fundamentals (IHS, $166.44, Buy), or 2) stocks with significant upside to 2014 consensus expectations and reasonable multiples. We think the temp staffing stocks fit that second criteria well. Also, the recent run of strong macro data combined with staffing stocks that are 5%, on avg, off their highs presents a decent entry point. We raise our Buy rated price targets (in order of preference): MAN from $85 to $95, RHI from $43 to $36, and TBI from $29 to $30.”

Robert Half International closed on Friday at $39.32.

Latest Ratings for RHI

DateFirmActionFromTo
Jul 2015JefferiesUpgradesHoldBuy
Jul 2015BarclaysDowngradesEqual-weightUnderweight
Apr 2015BarclaysMaintainsEqual-weight

View More Analyst Ratings for RHI
View the Latest Analyst Ratings

Posted-In: Deutsche Bank Paul GinocchioAnalyst Color Price Target Analyst Ratings

 

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