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Fly News Breaks for February 15, 2016
NSP
Feb 15, 2016 | 19:01 EDT
First Analysis analyst James Macdonald upgraded Insperity to Overweight saying the company issued "strong" 2016 guidance despite its miss in Q4. The shares will react positively once the company begins to deliver on its outlook, Macdonald tells investors in a research note. He has a $58 price target for the shares. The human resources solutions provider closed Friday up $2.96 to $45.56. Starboard Value late Friday disclosed Insperity was one of its top five holdings as of December 31, 2015.
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