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Fly News Breaks for October 19, 2018
ASB
Oct 19, 2018 | 09:14 EDT
As previously reported, Sandler O'Neill analyst R. Scott Siefers downgraded Associated Banc-Corp to Hold from Buy, citing his view that the loan growth dynamic has softened while its core NIM is likely to be lighter than expected going forward. The environment is challenging and the catalysts he had expected a few months back seem to have "drifted away," Siefers tells investors in a post-earnings research note. He lowered his price target on Associated shares to $27 from $30.50.
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