Berenberg Starts TriNet Group (TNET) at Buy

September 13, 2019 6:27 AM EDT
Get Alerts TNET Hot Sheet
Price: $85.12 +1.75%

Rating Summary:
    3 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 22 | Down: 13 | New: 31
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Berenberg analyst Sam England initiates coverage on TriNet Group (NYSE: TNET) with a Buy rating and a price target of $80.00.

The analyst commented, "We like TriNet given we expect high-single-digit growth in its professional employer organisation market, with the group focusing on high growth verticals such as technology, fintech and life sciences. We believe TriNet’s lack of analyst coverage has meant its solid delivery in recent years may have been overlooked."

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 $62.13 yesterday.

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