Baird analyst Mark Marcon raised the firm’s price target on Kforce to $72 from $62 and keeps an Outperform rating on the shares. The firm said Q4 was slightly better than expected due to solid cost controls, but Q1 started slower than usual which is in line with our expectation but worse than consensus.
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Read More on KFRC:
- Kforce Reports Fourth Quarter 2023 Revenue of $363.4 Million and Earnings Per Share of $0.82; Full Year 2023 EPS of $3.13 Per Share, as Reported, and $3.49 Per Share, as Adjusted; Board of Directors Approves 5.5% Increase in Dividend and Increases Share Buyback Authorization to $100 Million
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- Kforce price target raised to $70 from $57 at Truist
- Kforce Inc. Announces Its Participation at the Barclays Industrial Select Conference
- Kforce Inc. To Announce Fourth-Quarter Results on February 5, 2024
