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Fly News Breaks for August 15, 2019
NSP
Aug 15, 2019 | 20:17 EDT
First analysis analyst James Macdonald kept his Outperform rating and $143 price target on Insperity after holding an investor call with its management. The analyst says the company expressed surprise over the market response to its Q2 results, indicating that client sentiment remains "as strong as ever" with commission levels indicating an economic expansion. Macdonald adds that the lower hiring at Insperity's existing accounts and the large claims do not represent a fundamental problem.
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