RBC Capital raised the firm’s price target on Associated Banc-Corp (ASB) to $30 from $29 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. Core results were solid with healthy C&I loan growth, higher deposits, and slight margin expansion, the analyst tells investors in a research note. The bank’s expenses were also well controlled and credit trends were stable to better, RBC added.
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Read More on ASB:
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