Piper Sandler Maintains Overweight on U.S. Bancorp, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Scott Siefers has maintained an Overweight rating on U.S. Bancorp (NYSE:USB) and increased the price target from $38 to $44, indicating a positive outlook on the stock.
December 08, 2023 | 8:42 pm
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Piper Sandler's analyst Scott Siefers has reaffirmed an Overweight rating on U.S. Bancorp and raised the price target to $44, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, which can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100