Truist Securities Maintains Hold on Kforce, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Tobey Sommer has maintained a Hold rating on Kforce (NASDAQ:KFRC) and increased the price target from $57 to $70.

January 25, 2024 | 4:15 pm
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Truist Securities has maintained a Hold rating on Kforce but raised the price target from $57 to $70, indicating a positive outlook on the stock's value.
The increase in price target from $57 to $70 by Truist Securities suggests a more optimistic valuation of Kforce's stock, which could lead to increased investor interest and a potential short-term rise in the stock price. The Hold rating indicates that the analyst sees the company as fairly valued at the current price, but the raised target implies expectations of growth or positive performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100