Morgan Stanley Maintains Equal-Weight on U.S. Bancorp, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Equal-Weight rating on U.S. Bancorp (NYSE:USB) and lowered the price target from $45 to $44.
October 03, 2023 | 3:35 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on U.S. Bancorp and lowered the price target from $45 to $44.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of U.S. Bancorp in the short term. This is because the new price target suggests that the analyst believes the stock is currently overvalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100