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Fly News Breaks for February 20, 2020
Feb 20, 2020 | 07:35 EDT
Raymond James analyst David Long upgraded Associated Banc-Corp to Market Perform from Underperform following investor meetings with President and CEO Phil Flynn, CFO Chris Del Moral-Niles, and Head of IR Robb Timmein Chicago. Long says he came away incrementally bullish on the shares, but does not see a positive near-term catalyst. Given Associated Banc-Corp's recent underperformance and his improved EPS outlook, he believes its shares are appropriately valued.
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