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.
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Read More on ASB:
- Associated Banc-Corp price target raised to $30 from $28 at Barclays
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