Citigroup Maintains Neutral on U.S. Bancorp, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz maintains a Neutral rating on U.S. Bancorp (NYSE:USB) and lowers the price target from $39 to $33.
June 12, 2023 | 9:08 am
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NEUTRAL IMPACT
Citigroup analyst Keith Horowitz maintains a Neutral rating on U.S. Bancorp and lowers the price target from $39 to $33.
The news directly mentions U.S. Bancorp (NYSE:USB) and the lowered price target by Citigroup analyst Keith Horowitz. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to significantly outperform or underperform the market in the short term. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100