RBC Capital raised the firm’s price target on Associated Banc-Corp (ASB) to $27 from $26 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. Beyond expected losses from the balance sheet restructuring, the bank’s core trends were strong and highlighted by favorable margin and balance sheet growth dynamics, with acceptable expense growth, the analyst tells investors in a research note.
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Read More on ASB:
- Associated Banc-Corp price target lowered to $26 from $28 at Baird
- Associated Banc-Corp price target raised to $30 from $29 at Keefe Bruyette
- Associated Banc-Corp’s 2024 Financial Performance and Outlook
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