StockNews.com upgraded Associated Banc (ASB) from "Sell" to "Hold" based on improved Q1 EPS and neutral research reports.

StockNews.com upgraded Associated Banc (ASB) from "Sell" to "Hold," citing research reports from multiple firms reaffirming a neutral stance. The bank reported better-than-expected Q1 EPS of $0.52 and has a $3.1B market cap, 20.77 P/E ratio, and consensus price target of $22.78. Insider selling has been minimal, while institutional investors such as Vanguard and Dimensional Fund Advisors increased their stakes.

July 05, 2024
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