Truist raised the firm’s price target on Associated Banc-Corp (ASB) to $30 from $29 and keeps a Hold rating on the shares after its Q4 results. The firm’s revisions are mostly driven by higher net interest income, higher fees, and lower charge-offs, and partially offset by higher expenses, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASB:
- Associated Banc-Corp Signals Confident Growth After Record Year
- Associated Banc-Corp price target raised to $30 from $29 at RBC Capital
- Associated Banc-Corp price target raised to $30 from $27 at Piper Sandler
- Associated Banc-Corp price target raised to $30 from $29 at Keefe Bruyette
- Associated Banc-Corp reports Q4 EPS 80c, consensus 70c