Oppenheimer Maintains Outperform on U.S. Bancorp, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on U.S. Bancorp (NYSE:USB) and increased the price target from $60 to $63, indicating a positive outlook on the stock.
November 16, 2023 | 6:56 pm
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Oppenheimer analyst reaffirms Outperform rating on U.S. Bancorp and raises price target to $63, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Chris Kotowski from Oppenheimer typically signals a strong conviction in the company's prospects, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100