Exane BNP Paribas double downgraded Robert Half (RHI) to Underperform from Outperform with a $64 price target The firm adjusted ratings in the business services sector as part of its 2025 outlook. It increased the bureaus and distributors to the top of its sector preference list, seeing score for accelerating growth, rising margins and the recycling of excess cash into acquisitions and capital returns. Exane sees further earnings risk and structural headwinds for the staffing agencies. It also stays cautious on equipment rental citing overcapacity and low growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RHI:
- Trump Trade: Amazon plans $1M donation to Trump’s inaugural fund
- Robert Half upgraded to Buy from Hold at Truist
- Closing Bell Movers: Starbucks falls 4% on negative pre-announcement
- Robert Half sees Q4 EPS 47c-61c, consensus 64c
- Robert Half down 4% at $63.10 after Q3 results, below-consensus Q4 guidance
Questions or Comments about the article? Write to editor@tipranks.com