ASGN price target lowered to $103 from $108 at Baird

Baird analyst Mark Marcon lowered the firm’s price target on ASGN to $103 from $108 and keeps a Neutral rating on the shares. The analyst said despite building macro headwinds, ASGN posted solid overall Q4 results as its rapidly growing commercial IT consulting business more than offset slowing in smaller cyclically sensitive segments.