Piper Sandler raised the firm’s price target on Associated Banc-Corp to $23 from $21.50 and keeps a Neutral rating on the shares. While 2024 pre-provision net revenue guidance looks a bit light of the consensus, it puts some upward pressure on the firm’s below-consensus EPS estimates and implies the company will be within shouting distance of positive operating leverage this year, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ASB:
- Associated Banc-Corp Reports Full Year 2023 Earnings of $1.13 Per Common Share, or $2.27 Per Common Share(1) Excluding One Time Items Recognized During the Fourth Quarter
- ASB Earnings this Week: How Will it Perform?
- Associated Banc-Corp price target raised by $1 at Keefe Bruyette, here’s why
- Associated Banc-Corp management to meet virtually with Piper Sandler
