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Fly News Breaks for June 14, 2018
KFY
Jun 14, 2018 | 09:38 EDT
SunTrust analyst Tobey Sommer raised his price target on Korn/Ferry to $72 and kept his Buy rating, citing a "strong global demand environment" for executive search and a "leading" consulting services position. The analyst is positive on the company's initiative to bring its segments within one "master brand", complementing its efforts to grow its business within the existing customer base. Sommer also raises his FY19 EPS view to $3.60 from $3.53.
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