Associated Banc Price Target Raised to $31

Wells Fargo boosts price objective on bank's stock

Apr. 2, 2026 at 5:50am

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Associated Banc-Corp (NYSE:ASB) had its price target increased by Wells Fargo & Company from $30.00 to $31.00 in a research note. The firm maintained its overweight rating on the bank's stock.

Why it matters

The price target increase suggests Wells Fargo analysts see further upside potential in Associated Banc's stock, which could signal confidence in the bank's financial performance and growth prospects.

The details

In addition to the Wells Fargo price target hike, several other research analysts have recently weighed in on Associated Banc. Piper Sandler raised its price target from $27.00 to $30.00 and maintained a 'neutral' rating. Zacks Research upgraded the stock from 'hold' to 'strong-buy', while Weiss Ratings raised its rating from 'hold (c+)' to 'buy (b)'.

  • The research note from Wells Fargo was released on Monday, April 2, 2026.

The players

Wells Fargo & Company

A major U.S. financial services company and one of the largest banks in the country.

Associated Banc-Corp

A regional financial services company headquartered in Green Bay, Wisconsin, operating over 200 branches across the Midwest.

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The takeaway

The price target increase from Wells Fargo suggests analysts see continued growth potential for Associated Banc, a Midwest regional bank that has been expanding its footprint and services. This could signal confidence in the bank's ability to capitalize on economic and industry trends in its markets.