Wells Fargo raised the firm’s price target on Associated Banc-Corp (ASB) to $27 from $26 and keeps an Equal Weight rating on the shares. The firm thought Q4 results were better than share performance suggested, with C&I loan growth leading the way. Story remains very much in a show me state, but these recent results are encouraging, Wells adds. Catalysts will improve as the year progresses, argues the firm.
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Read More on ASB:
- Associated Banc-Corp price target raised to $27 from $26 at RBC Capital
- 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
- Associated Banc-Corp reports Q4 adjusted EPS 57c, consensus 54c
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