Goldman Sachs Maintains Neutral on U.S. Bancorp, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden maintains a Neutral rating on U.S. Bancorp (NYSE:USB) and raises the price target from $34 to $39.
July 20, 2023 | 12:17 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on U.S. Bancorp and raises the price target from $34 to $39. This could potentially attract investors looking for a stable investment.
The raised price target by Goldman Sachs indicates a positive outlook for U.S. Bancorp. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months, which doesn't necessarily imply a significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100