RBC Capital Maintains Sector Perform on Associated Banc, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom has maintained a 'Sector Perform' rating on Associated Banc-Corp (NYSE:ASB) and increased the price target from $22 to $23.
January 26, 2024 | 2:45 pm
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RBC Capital has maintained a 'Sector Perform' rating on Associated Banc-Corp and raised the price target from $22 to $23, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a positive sentiment towards Associated Banc-Corp's stock performance in the short term. As price targets can influence investor expectations and market sentiment, this adjustment is likely to be viewed favorably by the market, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100