Baird Downgrades Associated Banc to Neutral, Maintains Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David George has downgraded Associated Banc (NYSE:ASB) from Outperform to Neutral, while maintaining the price target at $27.
July 17, 2024 | 10:21 am
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Baird analyst David George downgraded Associated Banc from Outperform to Neutral, maintaining the price target at $27. This downgrade may indicate a less optimistic outlook for the stock in the short term.
The downgrade from Outperform to Neutral by a reputable analyst like David George at Baird suggests a shift in sentiment towards a more cautious outlook for Associated Banc. Maintaining the price target at $27 indicates that while the stock is not expected to decline significantly, it may not outperform in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100