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Robert Half price target lowered to $27 from $30 at UBS

UBS lowered the firm’s price target on Robert Half (RHI) to $27 from $30 and keeps a Sell rating on the shares. The company’s Q4 earnings outlook, which is 32% below consensus estimates, shows “weak dynamics,” the analyst tells investors in a research note. The firm expects any optimism around Robert Half’s commentary on client discussions on staffing deferred projects and hiring for critical roles to be short-lived.

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