Wells Fargo lowered the firm’s price target on ASGN (ASGN) to $49 from $51 and keeps an Equal Weight rating on the shares. The firm notes the company announced its acquisition of Quinnox on January 20. The acquisition should be accretive to EPS, EBITDA margins, and organic growth. ASGN also provided a Q4 2025 update, noting that results are tracking toward the high end of guidance, Wells adds.
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Read More on ASGN:
- ASGN to Acquire Quinnox in Strategic Digital Expansion
- ASGN to acquire Quinnox for $290M in cash, sees accretion
- ASGN backs Q4 revenue view $960M-$970M, consensus $971.21M
- ASGN’s Strategic Shift and Financial Outlook: Embracing Digital Transformation and Growth
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