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Associated Banc-Corp price target lowered to $26 from $28 at Stephens

Stephens lowered the firm’s price target on Associated Banc-Corp (ASB) to $26 from $28 and keeps an Equal Weight rating on the shares. The Q1 EPS beat compared to consensus “may generate some near-term outperformance,” though the company’s 2025 outlook implies in-line Q2-Q4 pre-provision net revenue relative to consensus, the analyst tells investors.

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