Embracing Korn Ferry's (KFY) strategy to diversify revenue into businesses outside of executive...

|By:, SA News Editor

Embracing Korn Ferry's (KFY) strategy to diversify revenue into businesses outside of executive search, SunTrust upgrades shares to Buy with a $23 price target. In addition to seeing early signs of improving demand, the firm says recent acquisitions in the emerging leadership and talent consulting and Futurestep segments should translate into expanding margins.