TriNet Group (TNET) Tops Q1 EPS by 2c
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Piper Jaffray Remains Sidelined on TriNet Group (TNET) Following Solid 1Q - PT to $18
May 3, 2016 6:51 AM EDTPiper Jaffray reiterated a Neutral rating on TriNet Group (NYSE: TNET), and raised the price target to $18.00 (from $16.00), following the company's 1Q earnings report. TriNet delivered net services revenue growth of 14.7% y/y, exceeding consensus of 5.2%, lifted by lower-than-expected insurance claims costs. The... More
