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Associated Banc-Corp assumed at Overweight from Equal Weight at Stephens

As previously reported, Stephens analyst Brandon Rud upgraded Associated Banc-Corp (ASB) to Overweight from Equal Weight with a $29 price target as coverage was transitioned. The firm’s model suggests net interest income guidance is conservative for this year and its 2026 and 2027 pre-provision net revenue forecasts are above the consensus medians by about 3% and 4%, respectively, the analyst tells investors.

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