ASGN shares are trading higher after Wells Fargo initiated coverage on the stock with an Overweight rating and $102 price target.
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on ASGN with an Overweight rating and a price target of $102. This has led to a rise in ASGN's stock price.
September 18, 2023 | 4:38 pm
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ASGN's stock price is trading higher after Wells Fargo initiated coverage with an Overweight rating and a $102 price target.
The initiation of coverage by a major bank like Wells Fargo is a significant event. The Overweight rating indicates that Wells Fargo believes ASGN's stock will outperform the market, and the $102 price target suggests a significant upside from the current price. This positive outlook is likely to attract investors, leading to a rise in ASGN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100