Insperity price target lowered to $50 from $70 at Truist

Truist analyst Tobey Sommer lowered the firm’s price target on Insperity (NSP) to $50 from $70 and keeps a Hold rating on the shares after its Q2 earnings miss and guidance cut, reflecting the continued Workday costs and timing of roll-out extending the transition period into FY26. Benefits costs also continue to be a headwind and contributed to FY25 EBITDA and EPS guidance being lowered, the analyst tells investors in a research note.