Barclays analyst Jared Shaw lowered the firm’s price target on Associated Banc-Corp to $22 from $24 and keeps an Equal Weight rating on the shares as part of a Q2 earnings preview for the mid-cap banks. Credit is expected to remain benign across the group, the analyst tells investors in a research note. The firm says Q2 has been “relatively uneventful” for the space, which it views as a positive into the quarter. Barclays is tactically positive on Synovus Financial (SNV), First Horizon (FHN) and Old National Bancorp (ONB) into earnings.
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Read More on ASB:
- Associated Banc-Corp files automatic mixed securities shelf
- Associated Banc-Corp Engages Investors with Strategic Presentation
- Associated Banc-Corp Engages Investors with Executive Insights
- Associated Announces Annual Meeting Results and Dividends
- Associated Banc-Corp price target raised to $24 from $22 at Barclays
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