TriNet Group downgraded by JP Morgan with a new price target
$TNET
Business Services
Consumer Discretionary
JP Morgan downgraded TriNet Group from Neutral to Underweight and set a new price target of $96.00 from $89.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | Buy → Hold | Needham | |
| 10/22/2024 | $103.00 | Underweight | JP Morgan |
| 11/7/2023 | $110.00 | Neutral | UBS |
| 8/7/2023 | $95.00 → $125.00 | Market Perform → Outperform | TD Cowen |
| 5/12/2023 | $115.00 | Buy | Needham |
| 9/8/2022 | $83.00 | Market Perform | Cowen |
| 8/16/2022 | $89.00 → $96.00 | Neutral → Underweight | JP Morgan |
| 10/26/2021 | $85.00 → $90.00 | Neutral | Credit Suisse |
DUBLIN, Calif., Nov. 4, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its President and CEO, Mike Simonds, and its CFO, Kelly Tuminelli, will present at the following four conferences: The J.P. Morgan 2024 Ultimate Services Investor Conference Thursday, November 14, 2024, in New York, NY, at 1:50pm ET (10:50am PT)The Bank of America Leveraged Finance Conference Tuesday, December 3, 2024 in Boca Raton, FL, at 10:10am ET (7:10am PT)The UBS Global Technology
DUBLIN, Calif., Oct. 25, 2024 /PRNewswire/ -- TriNet Group, Inc. (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the third quarter ended September 30, 2024. The third quarter highlights below include non-GAAP financial measures which are reconciled later in this release. Third quarter highlights include: Total revenues increased 1% to $1.2 billion as compared to the same period last year.Flat professional service revenues of $184 million as compared to the same period last ye
DUBLIN, Calif., Oct. 21, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Varsha Kakati has joined the company as Vice President and India Country Leader. Kakati will lead all operations at TriNet's Global Capabilities Center (GCC) in Hyderabad, India, which opened in August and supports a growing workforce of approximately 600 team members. "Varsha is an outstanding addition to our senior leadership team," said Mike Simonds, President and CEO at TriNet. "H
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DUBLIN, Calif., Oct. 25, 2024 /PRNewswire/ -- TriNet Group, Inc. (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced financial results for the third quarter ended September 30, 2024. The third quarter highlights below include non-GAAP financial measures which are reconciled later in this release. Third quarter highlights include: Total revenues increased 1% to $1.2 billion as compared to the same period last year.Flat professional service revenues of $184 million as compared to the same period last ye
DUBLIN, Calif., Oct. 4, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the third quarter ended September 30, 2024, before U.S. market hours on Friday, October 25, 2024. TriNet will host a conference call at 5:30 a.m. PT (8:30 a.m. ET) on October 25, 2024, to discuss the financial results. A live webcast of the conference call can be accessed on the Investor Relations section of TriNet's website at investor.trinet.com. Partic
DUBLIN, Calif., Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Board of Directors approved a dividend of $0.25 per share of the Company's common stock with a record date and ex-dividend date of October 1, 2024 and a payout date of October 28, 2024. About TriNetTriNet (NYSE:TNET) provides small and medium-size businesses (SMBs) with full-service industry-specific HR solutions, providing both professional employer organization (PEO) and human resourc
DUBLIN, Calif., Oct. 21, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Varsha Kakati has joined the company as Vice President and India Country Leader. Kakati will lead all operations at TriNet's Global Capabilities Center (GCC) in Hyderabad, India, which opened in August and supports a growing workforce of approximately 600 team members. "Varsha is an outstanding addition to our senior leadership team," said Mike Simonds, President and CEO at TriNet. "H
DUBLIN, Calif., Sept. 5, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has announced the appointment of Sidney Majalya as Senior Vice President, Chief Legal Officer and Secretary, effective September 16. Majalya succeeds Samantha Wellington, Executive Vice President, Business Affairs, Chief Legal Officer and Secretary who is departing after eight years with the Company to pursue another opportunity. Majalya brings 25 years of legal, risk and compliance experience in the techno
DUBLIN, Calif., July 17, 2024 /PRNewswire/ -- TriNet (NYSE:TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Shea Treadway will be joining the company as Chief Revenue Officer, effective July 29. He will have responsibility for new client sales and existing client relationship management and report directly to TriNet President and CEO Mike Simonds. "Shea is a terrific addition to our executive leadership team," said Simonds. "He brings more than 20 years of experience in the SMB employee bene
10-Q - TRINET GROUP, INC. (0000937098) (Filer)
8-K - TRINET GROUP, INC. (0000937098) (Filer)
8-K - TRINET GROUP, INC. (0000937098) (Filer)
4 - TRINET GROUP, INC. (0000937098) (Issuer)
4 - TRINET GROUP, INC. (0000937098) (Issuer)
4 - TRINET GROUP, INC. (0000937098) (Issuer)
Needham downgraded TriNet Group from Buy to Hold
JP Morgan resumed coverage of TriNet Group with a rating of Underweight and set a new price target of $103.00
UBS initiated coverage of TriNet Group with a rating of Neutral and set a new price target of $110.00
TD Cowen analyst Jared Levine maintains Trinet Group (NYSE:TNET) with a Buy and lowers the price target from $132 to $118.
Needham analyst Kyle Peterson maintains Trinet Group (NYSE:TNET) with a Buy and lowers the price target from $150 to $140.
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