Wells Fargo analyst Timur Braziler maintains $Associated Banc (ASB.US)$ with a hold rating, and adjusts the target price from $22 to $24.
According to TipRanks data, the analyst has a success rate of 56.8% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Associated Banc (ASB.US)$'s main analysts recently are as follows:
The bank's focus on growth and expense management is contributing to the enhancement of its operating leverage.
The firm observes ongoing improvements on both sides of the balance sheet for Associated Banc-Corp, although this is still supported by what is regarded as lower-quality auto loans and time deposits. It's noted that management has effectively enhanced the growth trajectory of the company, with anticipated advancements in profitability.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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