Truist lowered the firm’s price target on Robert Half to $62 from $72 and keeps a Hold rating on the shares after its Q2 earnings miss and downside guidance for Q3. Small businss clients continue to hold off adding talent amid the challenging operating environment and elevated levels of political uncertainty, though the company is well-positioned for improving economic conditions, with the elections seen as a potential catalyst, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RHI: