Piper Jaffray Initiates TriNet Group With Neutral

Piper Jaffray initiated coverage on

with a Neutral rating. The target price for TriNet Group is set to $33. TriNet Group shares have gained 23.31 percent over the past 52 weeks, while the S&P 500 index has surged 12.12 percent in the same period. TriNet Group's shares rose 0.68 percent to close at $29.73 yesterday.