JP Morgan Initiates Coverage On Insperity with Underweight Rating, Announces Price Target of $90
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on Insperity (NYSE:NSP) with an Underweight rating and set a price target of $90.
October 22, 2024 | 12:03 pm
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JP Morgan has initiated coverage on Insperity with an Underweight rating and a price target of $90, suggesting potential downside.
The Underweight rating and a price target of $90 from JP Morgan suggest that the analyst expects Insperity's stock to underperform relative to the market. This could lead to a negative short-term impact on the stock price as investors may react to the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100