Manpower investor worries are overblown, says Jefferies Jefferies believes the concerns leading a 12% year-to-date decline in shares of Manpower are overblown. The firm thinks the consensus is underestimating Manpower's peak earnings power by up to 30% and keeps a Buy rating on the stock with an $89 price target.
Robert Half downgraded to Underweight from Equal Weight at Barclays Barclays analyst Manav Patnaik downgraded Robert Half (RHI) to Underweight citing decelerating organic revenue growth and a high relative valuation. Patnaik cut his price target for shares to $55 from $60. He recommends using the recent pullback in shares of Manpower (MAN) as a buying opportunity and raised his price target for the stock to $105 from $100. Patnaik keeps an Overweight rating on Manpower.