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Fly News Breaks for August 22, 2017
TNET
Aug 22, 2017 | 08:13 EDT
As previously reported, Morgan Stanley downgraded TriNet to Underweight from Equal Weight and raised its price target to $27 from $31. Analyst Danyal Hussain said shares have overshot to the upside as insurance performance is masking underlying margins and sees risk into 2018 as the company continues to invest heavily in product, compliance, and sales.
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