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Fly News Breaks for January 8, 2019
ASB
Jan 8, 2019 | 08:29 EDT
Jefferies analyst Casey Haire upgraded Associated Banc-Corp to Buy from Hold citing what he views as sound fundamentals, "reasonable" street expectations and an attractive valuation. Associated Banc-Corp " largely avoids some of the hot button issues that have weighed on the sector," such as concentrated leveraged loan exposure, elevated mortgage banking, large acquisitions and a reliance on interest rates, Haire tells investors. He trimmed his price target on Associated shares to $23 from $27.
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