HireQuest price target lowered to $21 from $26 at Barrington

Barrington lowered the firm’s price target on HireQuest to $21 from $26 and keeps an Outperform rating on the shares post the Q3 report. The company’s profitability is being dampened by workers’ comp costs, but the expense headwinds are expected to lessen going forward, the analyst tells investors in a research note.