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Fly News Breaks for April 26, 2018
ASGN
Apr 26, 2018 | 08:41 EDT
BMO Capital analyst Jeffrey Silber lowered his price target for On Assignment to $94, saying his prior forecasts may have been overly aggressive following the company's FY18 updated outlook. The analyst also keeps his Outperform rating after a Q1 earnings beat on "solid" revenues and margins from the company's Apex and Oxford business lines. Silber points to accelerating 9.2% same-day revenue growth and expanding EBITDA margins on improving bill-to-pay spreads.
News For ASGN From the Last 2 Days
ASGN
Apr 25, 2024 | 06:43 EDT
Baird raised the firm's price target on ASGN to $104 from $99 and keeps a Neutral rating on the shares. The firm said they continue to do an excellent job of managing elements within its control maintaining very solid margins in a tepid, though relatively stable environment.