Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Morgan Stanley Upgrades Robert Half


Morgan Stanley upgrades Robert Half International (RHI) to overweight from equal weight.

Analyst Chris Gutek says his upgrade reflects increased confidence in both of the company's key drivers. He says secular drivers seem likely to hold up well going forward. Gutek believes the cyclical-driven macro outlook seems to be improving, based on rising GDP forecasts.

Following strong results, positive commentary from Resources Connection, and now a more confident Sarbanes-Oxley, related drivers may be strong for foreseeable future. He sees 80 cents 2004 earnings per share, $1.20 2005 earnings per share, and $1.50 2006 earnings per share. He raises his $30 price target to $33.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus