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Fly News Breaks for September 9, 2016
KFY
Sep 9, 2016 | 07:13 EDT
After Korn/Ferry reported slightly higher than expected Q2 revenue but slightly lower than expected EPS, SunTrust analyst Tobey Sommer says there are signs that demand for the company's services is rebounding. The analyst says that the company's Executive Search unit obtained 25% more new business in North America in August versus July. Sommer expects the company's Futurestep business to remain strong throughout this year. The analyst reiterates a Buy rating on the stock.
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