Keefe, Bruyette & Woods Maintains Market Perform on Associated Banc, Raises Price Target to $21-Report Released on 1st December 2023
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Christopher McGratty has maintained a 'Market Perform' rating on Associated Banc-Corp (NYSE:ASB) and increased the price target from $20 to $21, as reported on December 1, 2023.
December 04, 2023 | 3:19 pm
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POSITIVE IMPACT
Keefe, Bruyette & Woods analyst has reaffirmed a 'Market Perform' rating on Associated Banc-Corp and raised the price target from $20 to $21.
The increase in price target by Keefe, Bruyette & Woods suggests a positive outlook on the stock, which could lead to a short-term increase in investor confidence and potentially a rise in the stock price. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, so while the price target increase is positive, it does not suggest outperformance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100