Stephens raised the firm’s price target on Associated Banc-Corp (ASB) to $25 from $23 and keeps an Equal Weight rating on the shares. Associated continued to execute Phase 2 of its strategic growth plan with visible progress in consumer and small business, the analyst tells investors in a post-earnings note. The Q3 beat and updated 2024 outlook “may support shares over the near-term,” the analyst added.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASB:
- Associated Banc-Corp price target raised to $24 from $23 at Barclays
- Associated Banc-Corp reports Q3 EPS 56c, consensus 52c
- ASB Upcoming Earnings Report: What to Expect?
- Associated Banc-Corp price target raised to $23 from $22 at Barclays
- Associated Banc-Corp cuts prime rate to 8.00% from 8.50%, effective Sept. 19