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Fly News Breaks for April 1, 2016
ASB
Apr 1, 2016 | 06:03 EDT
Macquarie analyst Russell Gunther downgraded Associated Banc-Corp to Underperform saying earnings headwinds make the premium valuation unwarranted. The analyst expects Associated's energy related reserves to build and sees increased net interest margin pressure. He lowered his price target for the shares to $16 from $18.
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