Truist Securities Maintains Sell on Robert Half, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Tobey Sommer has maintained a Sell rating on Robert Half (NYSE:RHI) but increased the price target from $66 to $72.
January 25, 2024 | 4:14 pm
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Truist Securities reaffirmed a Sell rating on Robert Half, but raised the price target from $66 to $72, indicating a potential downside based on the analyst's view.
The maintenance of a Sell rating suggests that Truist Securities believes the stock may not perform well in the near term. However, the increase in the price target could imply that the downside risk may be less severe than previously thought. This mixed signal might create some uncertainty among investors, potentially leading to short-term negative pressure on the stock price.
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IMPORTANCE 75
RELEVANCE 100