Korn Ferry: Macro Uncertainties Continue To Linger
Korn Ferry(KFY) Seeking Alpha·2024-09-07 00:12
MoMo Productions Investment action I recommended a hold rating for Korn Ferry (NYSE:KFY) when I wrote about it in June, as I no longer think the business will see a growth recovery in FY25 given the prevailing interest rate situation and management guidance. Based on my current outlook and analysis, I recommend a hold rating. Although 1Q25 results had several positives, I am not certain that a growth recovery will happen in the coming months given the macro uncertainties ahead. Moreover, valuation multiples ...