ASGN Hits Target Price Set by Analysts

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ASGN Inc (NASDAQ: ASGN) shares have surpassed the average analyst 12-month target price of $82.00, trading at $82.85. This movement prompts analysts to evaluate their target—either downgrading the valuation or increasing it based on business developments. Currently, six analysts contribute to the average, with target prices ranging from $66.00 to $93.00 and a standard deviation of $9.63.

In recent analyst ratings, ASGN holds three ‘Strong Buy’ ratings, three ‘Hold’ ratings, and one ‘Sell’ rating, resulting in an average rating of 2.29 on a scale where 1 indicates a ‘Strong Buy’ and 5 indicates a ‘Strong Sell’. This mix signals a generally optimistic outlook, although investors are advised to assess whether the current price justifies continuing to hold or if a partial exit might be warranted.

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