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Fly News Breaks for April 20, 2018
ASB
Apr 20, 2018 | 08:31 EDT
As previously reported, Sandler ONeill analyst R. Scott Siefers upgraded Associated Banc-Corp to Buy from Hold, saying he estimates core EPS of 50c after excluding one-time items, which he notes is well ahead of his 43c estimate and the 41c consensus. Given a combination of improved stand-alone trends and the addition of PAAs from the BankMutual transaction, Siefers raised his 2018 and 2019 EPS estimates for Associated Banc-Corp following its Q1 earnings report. He raised his price target on the stock to $29 from $27.
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