Insperity price target lowered to $35 from $50 at Truist

Truist analyst Tobey Sommer lowered the firm’s price target on Insperity (NSP) to $35 from $50 and keeps a Hold rating on the shares. The company reported a “rough” quarter and lowered its FY25 guide, though the management struck a confident tone of the call that Insperity could recover the majority of the FY25 earnings shortfall, the analyst tells investors in a research note. Truist adds that it remains optimistic on the long-term potential of HRScale as a new sales driver, the firm added.