ASGN price target lowered to $105 from $110 at Truist

Truist analyst Tobey Sommer lowered the firm’s price target on ASGN (ASGN) to $105 from $110 but keeps a Buy rating on the shares. The company’s IT Consulting book-to bill increased to 1.2-times and the green shoots in Financial Services and Tech are beginning to show up, and while DOGE will create headline risk, the firm is taking solace that two-thirds of ECS revenue comes from DoD, Intelligence agencies and DHS, which are seen as safer from DOGE, the analyst tells investors in a research note.