Barrington raised the firm’s price target on Heidrick & Struggles to $50 from $44 and keeps an Outperform rating on the shares. The firm increased its 2024 and 2025 revenue and EPS estimates after the company’s Q3 results exceed expectations and Q4 revenue guidance came in ahead of expectations.
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Read More on HSII:
- Heidrick & Struggles Faces Regulatory Scrutiny Over Unregistered Equity Sales
- Heidrick & Struggles Reports Growth in Q3 2024
- Heidrick & Struggles price target raised to $40 from $33 at Truist
- Heidrick & Struggles reports Q3 EPS 71c, consensus 68c
- Heidrick & Struggles sees Q4 revenue $255M-$275M, consensus $253.28M