BMO Capital analyst Jeffrey Silber lowered the firm’s price target on ASGN to $81 from $84 and keeps a Market Perform rating on the shares. The company’s Q1 results were below expectations as the strength in federal government and consulting was unable to offset assignment, perm, and digital marketing weakness, the analyst tells investors in a research note. ASGN’s Q2 guidance also missed expectations and management noted trends worsened in late Q1, though stabilized a bit since, BMO added.
Published first on TheFly
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