Company Performance - Robert Half Inc. experienced a significant stock price increase of 27.83 percent, closing at $34.61, following a 14 percent price target upgrade by an investment firm [1] - Truist raised its price target for Robert Half to $40 from $35 while maintaining a "buy" recommendation, indicating confidence in the company's future despite previous earnings challenges [2] Financial Results - The company's net income for the last year fell by 47 percent to $132.99 million from $251.6 million in 2024, with service revenues declining by 7 percent to $5.38 billion from $5.79 billion year-on-year [3] - In the fourth quarter, net profit dropped by 42 percent to $31.7 million from $54.29 million in the same period a year earlier, while service revenues decreased by 5.8 percent to $1.3 billion from $1.38 billion [3] Company Overview - Robert Half Inc. is a global talent solutions company that provides staffing recruitment and consulting services across various sectors, including finance, accounting, technology, legal, marketing, and administration [4]
Robert Half (RHI) Climbs 28% as Analyst Hikes Price Target, Reaffirms ‘Buy’