TD Cowen Maintains Buy on Trinet Group, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jared Levine maintains a Buy rating on Trinet Group but lowers the price target from $110 to $92.
October 28, 2024 | 3:45 pm
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NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Trinet Group but reduces the price target from $110 to $92, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Trinet Group's prospects, but the lowered price target indicates a tempered outlook, likely due to revised expectations or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100