On Assignment upgraded to Buy from Hold at Deutsche Bank Deutsche Bank upgraded On Assignment citing the recent pullback in shares and potential upside to consensus estimates. The firm keeps a $39 price target for shares.
On Assignment announces new $100M share repurchase program On Assignment announced that in December 2014, it completed its existing $100M share repurchase program whereby the company repurchased 3.4M shares at an average per share price of $29.78. On January 16, the company’s board authorized a new $100M share repurchase program subject in part to amendment of its credit facility. The new share repurchase will be effective beginning after close of trade two days after the company’s next release of earnings.