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Fly News Breaks for May 1, 2018
NSP
May 1, 2018 | 09:36 EDT
SunTrust analyst Tobey Sommer raised his price target on Insperity to $85 after its Q1 earnings beat and raised FY18 guidance, citing "double-digit worksite employee growth" in the quarter along with an increase in the company's Business Performance Advisor salesforce. The analyst is also raising his FY18 EPS view to $3.40 from $3.03 while noting Insperity's lower client attrition rates. Sommer keeps his Hold rating.
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