ASGN Inc. (ASGN) PT Lowered to $93 at Jefferies

Jefferies analyst Surinder Thind lowered the price target on ASGN Inc. (NYSE: ASGN) to $93.00 (from $99.00) while maintaining a Hold rating.

The analyst comments "1Q results were mostly in line with a few slight puts and takes, while 2Q guidance was a bit weaker than anticipated. There are signs that revenue declines are stabilizing, but no signs yet of when growth may inflect positive. We have lowered our 2024 adj EPS estimate by -6% to $5.29, which reflects our view that we don't expect any material change in demand from current levels for the next few quarters. Reiterate Hold."

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