Zacks Investment Research upgraded shares of Corporate Resource Services (CRRS ) from N/A to OUTPERFORM on January 27, 2014, with a target price of $4.00.
Corporate Resource Services (CRS) is a rapidly growing temporary staffing company that has launched an ambitious M&A strategy to augment organic growth. CRS has also implemented initiatives to improve margins and profitability, including a diversification effort to complement the core staffing business. The company has a nationwide footprint that extends to 42 states and, through a recent acquisition, operates in the U.K., with further European expansion planned. We are enthusiastic about the company's growth prospects and believe the favorable outlook for the temporary staffing industry creates a positive tailwind.
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