Baird Maintains Outperform on Kforce, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Marcon maintains an Outperform rating on Kforce (NASDAQ:KFRC) but lowers the price target from $72 to $71.
April 30, 2024 | 4:13 pm
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Baird maintains an Outperform rating on Kforce but lowers the price target from $72 to $71.
The adjustment in price target by Baird reflects a slight modification in their valuation assessment of Kforce, likely due to updated financial analysis or market conditions. However, maintaining the Outperform rating indicates a continued positive outlook on the company's performance. The minor decrease in price target is not expected to have a significant impact on the stock's short-term movement, as the overall recommendation remains positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100