Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

UBS Upgrades Korn/Ferry to Buy

UBS Financial upgraded Korn/Ferry (KFY) to buy from neutral.

Analyst Kelly Flynn says the fourth-quarter financial release tomorrow should be positive, and she sees EPS beating her 12 cents estimate by at least 2 cents. She thinks upward revisions of estimates should follow.

She notes datapoints include's fourth-quarter job posting trends up 21%, vs. the third quarter, and Friday's strong U.S. May payroll numbers. She believes the company's spare capacity provides a particularly strong operating leverage opportunity.

Flynn raised the 48 cents fiscal 2005 (April) EPS estimate to 60 cents. She sees $1.30 fiscal 2006 EPS, vs. the 85 cents she thinks the market is expecting . She thinks the shares may offer a compelling opportunity, and she raised the $15.25 target to $20.

blog comments powered by Disqus