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home / news releases / KFY - Korn Ferry: Upgrade To Buy As The Outlook Turns Positive

KFY - Korn Ferry: Upgrade To Buy As The Outlook Turns Positive

Korn Ferry

2024-03-25 10:30:25 ET

Summary

  • Upgraded rating to buy for Korn Ferry due to positive Fed message on rate cuts and signs of a recovery cycle.
  • Decline in fee revenue, but EBITDA margins expanded and EPS outperformed expectations.
  • Stabilizing labor markets and increased hiring activity indicate a potential upcycle for the business.

Investment action

For further details see:

Korn Ferry: Upgrade To Buy As The Outlook Turns Positive
Stock Information
Company Name: Korn Ferry
Stock Symbol: KFY
Market: NYSE
Website: kornferry.com
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