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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASB:
- Associated Banc-Corp price target lowered to $24 from $25 at Piper Sandler
- Associated Banc-Corp Reports Strong Q1 2025 Recovery
- Associated Banc-Corp reports Q1 EPS 59c, consensus 57c
- Associated Banc-Corp appoints Julio Manso as Chief Human Tesources Officer
- Associated Banc-Corp announces retirement plan of CHRO Angie DeWitt