TriNet Group (TNET) Reports In-Line Q4 EPS; to Delay 10-K, Increases Buyback

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Go back to TriNet Group (TNET) Reports In-Line Q4 EPS; to Delay 10-K, Increases Buyback

Jefferies Cuts Price Target on TriNet Group (TNET) After Updating Estimates

March 2, 2016 9:57 AM EST

Jefferies maintained a Hold rating on TriNet Group (NYSE: TNET), and cut the price target to $14.00 (from $19.00), following the company's 4Q. Jefferies updated C16 revenues and adjusted EPS estimates for the company. New estimates are $622.7M for revenue, with an EPS of $1.18, vs. $638.4M/$1.22... More