Jefferies Raises Numbers on Associated Banc-Corp (ASBC) Following CFO Meeting

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/22/2026

1. WMT
2. ROST
3. AAP
4. SPY
5. NVDA
6. AVGO
7. SPCX
8. DE
9. OSIS
10. REAX

March 22, 2013 8:45 AM EDT
Get Alerts ASBC Hot Sheet
Price: $18.42 --0%

Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Jefferies raised estimates and its price target on Buy-rated Associated Banc-Corp (NASDAQ: ASBC) from $16 to $17 following meetings with Associated CFO Chris Niles.

The meetings "reinforced our view that the company has levers to pull on earnings power, including stepped-up capital return plans, expense optimization, and continued reserve release," according to the analyst.

The firm raised Q1 EPS from $0.22 to $0.23, FY13 from $1.00 to $1.05 and FY14 from $1.10 to $1.15.

For an analyst ratings summary and ratings history on Associated Banc-Corp click here. For more ratings news on Associated Banc-Corp click here.

Shares of Associated Banc-Corp closed at $15.13 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst PT Change

Related Entities

Jefferies & Co, Earnings