William Blair analyst Trevor Romeo has maintained their bullish stance on KFY stock, giving a Buy rating yesterday.
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Trevor Romeo has given his Buy rating due to a combination of factors including Korn Ferry’s robust fiscal first-quarter performance and the company’s ability to consistently exceed market expectations. Despite facing a challenging macroeconomic environment, Korn Ferry has demonstrated strong execution and growth, particularly in its executive and professional search segments, which have driven significant revenue increases.
Additionally, the company’s solid second-quarter guidance, which is slightly above consensus, reflects a cautious yet optimistic outlook. Korn Ferry’s resilience and strategic positioning in the market, alongside positive business trends and favorable currency conditions, support the view that the stock is currently undervalued, justifying a Buy rating.
According to TipRanks, Romeo is an analyst with an average return of -4.8% and a 25.00% success rate. Romeo covers the Industrials sector, focusing on stocks such as Korn Ferry, Casella Waste, and Waste Management.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $82.00 price target.