Citigroup Maintains Neutral on U.S. Bancorp, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Keith Horowitz maintains a Neutral rating on U.S. Bancorp (NYSE:USB) and raises the price target from $33 to $40.
July 20, 2023 | 9:42 am
News sentiment analysis
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NEUTRAL IMPACT
Citigroup's analyst Keith Horowitz's rating and price target adjustment on U.S. Bancorp could reflect on Citigroup's market perception.
As the issuer of the rating and price target, Citigroup's market perception could be influenced by this action. However, as it's not a direct impact, the effect on Citigroup's stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Citigroup maintains a Neutral rating on U.S. Bancorp and raises the price target from $33 to $40, which could potentially attract investors.
The raised price target by Citigroup indicates a positive outlook for U.S. Bancorp. This could potentially attract investors, leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100