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Fly News Breaks for August 10, 2018
TNET
Aug 10, 2018 | 09:19 EDT
Credit Suisse analyst Kevin McVeigh initiated the Business and Professional Services sector, starting TriNet with a Neutral rating and $65 price target, telling investors that while he likes the industry, management team and growth outlook, he is waiting for a more optimal entry point given valuation at the high-end of the range, uncertainty surrounding the sustainability and volatility of the insurance margin.
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