Jefferies Starts TriNet Group (TNET) at Hold
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Price: $39.01 +2.93%
Rating Summary:
3 Buy, 9 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
3 Buy, 9 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on TriNet Group (NYSE: TNET) with a Hold rating and a price target of $23.00.
Analyst Jason Kupferberg said, "While TNET is a leading competitor in the sizeable and underpenetrated HR PEO (Professional Employer Organization) end market, at 17.9x C15 EPS, valuation seems full. JEF was a co-manager on TNET's recent IPO."
For an analyst ratings summary and ratings history on TriNet Group click here. For more ratings news on TriNet Group click here.
Shares of TriNet Group closed at $21.87 yesterday.
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