Stephens & Co. Reiterates Overweight on U.S. Bancorp, Maintains $47 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Terry McEvoy has reiterated an Overweight rating on U.S. Bancorp (NYSE:USB) and maintained a $47 price target.
July 24, 2023 | 12:50 pm
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U.S. Bancorp's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $47.
The reiteration of an Overweight rating by Stephens & Co. indicates their positive outlook on U.S. Bancorp's stock. This could potentially attract more investors, driving the stock price up in the short term. The maintained price target of $47 also suggests that the analyst believes the stock is undervalued at current prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100