UPDATE: Bank Of America Reiterates On Robert Half International On Continued Broad-Based Strength In Q3

In a report published Wednesday, Bank of America analyst Sara Gubins reiterated a Buy rating on Robert Half International (NYSE: RHI), and raised the price target from $56.00 to $58.00.

In the report, Bank of America noted, “We base our Buy rating on RHI shares on solid demand for professional temporary staffing, high incremental margins, and valuation below historical levels. We forecast high single digit revenue growth to translate into EPS growth of 19% in 2015. Also supporting RHI shares, valuation is below historical levels.”

Robert Half International closed on Tuesday at $49.37.