Associated Banc-Corp price target raised to $27 from $24 at Piper Sandler

Piper Sandler analyst R. Scott Siefers raised the firm’s price target on Associated Banc-Corp (ASB) to $27 from $24 and keeps a Neutral rating on the shares following quarterly results. Overall, the company reported a better-than-expected Q2 and refreshed guide that should put upward pressure on consensus EPS estimates, the firm says. Given the Q2 beat and solid outlook, Piper expects the shares to respond well.