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William Blair downgrades Insperity on lack of near-term catalysts

William Blair downgraded Insperity to Market Perform from Outperform without a price target. The analsyt cites a lack of near-term catalysts for the downgrade. Insperity will have a more difficult time outperforming the market” amid “subdued and/or moderating labor market trends” as well as increased competitive pressures, the analyst tells investors in a research note.

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