Insperity price target lowered to $95 from $110 at Truist

Truist lowered the firm’s price target on Insperity (NSP) to $95 from $110 and keeps a Hold rating on the shares. The company ended 2023 with slower than anticipated WSEE growth and stronger than expected profitability in Q4 results, the analyst tells investors in a research note. Truist adds that it is awaiting more details on the Insperity partnership with Workday (WDAY) to jointly develop and sell a full service HR solution for small and midsize businesses announced last week.