Truist raised the firm’s price target on Associated Banc-Corp (ASB) to $27 from $26 and keeps a Hold rating on the shares after its Q2 results. The firm is updating its model to reflect the company’s higher net interest income amid margin expansion and lower net charge-offs, partially offset by higher expenses from hiring, the analyst tells investors in a research note.
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 raised to $30 from $28 at Barclays
- Associated Banc-Corp price target raised to $28 from $27 at Baird
- Associated Banc-Corp price target raised to $27 from $26 at RBC Capital
- Associated Banc-Corp price target raised to $27 from $24 at Piper Sandler
- Associated Banc-Corp price target raised to $28 from $27 at Keefe Bruyette