Barclays Maintains Overweight on U.S. Bancorp, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jason Goldberg has maintained an Overweight rating on U.S. Bancorp (NYSE:USB) and increased the price target from $48 to $56.
January 02, 2024 | 12:17 pm
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Barclays has maintained an Overweight rating on U.S. Bancorp and raised the price target from $48 to $56, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Jason Goldberg suggests a bullish view on U.S. Bancorp's future performance. This typically leads to increased investor confidence and can result in a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100