B of A Securities Upgrades U.S. Bancorp to Buy, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Ebrahim Poonawala has upgraded U.S. Bancorp (NYSE:USB) from Neutral to Buy and raised the price target from $38 to $40.
July 11, 2023 | 10:27 am
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U.S. Bancorp has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $38 to $40.
The upgrade from Neutral to Buy indicates a positive outlook for U.S. Bancorp. The raised price target from $38 to $40 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100