JP Morgan Maintains Underweight on Trinet Group, Lowers Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Underweight rating on Trinet Group and lowers the price target from $107 to $103.
August 20, 2024 | 3:21 pm
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JP Morgan has maintained its Underweight rating on Trinet Group and reduced the price target from $107 to $103, indicating a bearish outlook.
The Underweight rating suggests that JP Morgan expects Trinet Group to underperform relative to other stocks. The lowered price target from $107 to $103 further indicates a negative outlook, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100