Korn Ferry price target raised to $79 from $72 at Baird

Baird analyst Mark Marcon raised the firm’s price target on Korn Ferry to $79 from $72 and keeps an Outperform rating on the shares. The firm said they are incrementally positive following FQ4 results that demonstrated KFY‘s ability to improve productivity and margins despite the difficult macro environment that is tempering growth in its cyclically sensitive talent acquisition segments.