Robert Half Inc. (NYSE:RHI) saw a 21.14% increase last week after Truist raised its price target by 14% to $40. Despite lower earnings in 2024, net income dropped by 47% to $132.99 million, and service revenues declined by 7% to $5.38 billion. Truist also cut EPS expectations for RHI due to higher costs.

In the fourth quarter alone, Robert Half Inc. (NYSE:RHI) reported a 42% decrease in net profit to $31.7 million and a 5.8% drop in service revenues to $1.3 billion. Truist lowered its EPS estimates for 2027 to $2.50 from $2.88 previously. Despite this, RHI remains a global talent solutions company providing staffing and recruitment services in various sectors.

Read more at Yahoo Finance: Robert Half (RHI) Climbs 21% W/W on Analyst PT Hike