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.
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