Goldman Sachs Maintains Neutral on U.S. Bancorp, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden has maintained a Neutral rating on U.S. Bancorp (NYSE:USB) and increased the price target from $37 to $42.
December 19, 2023 | 1:17 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Neutral rating on U.S. Bancorp but raised the price target from $37 to $42, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Goldman Sachs suggests a positive reassessment of U.S. Bancorp's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100