Oppenheimer Maintains Outperform on U.S. Bancorp, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski has maintained an Outperform rating on U.S. Bancorp (NYSE:USB) but has reduced the price target from $60 to $59.
January 18, 2024 | 1:07 pm
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Oppenheimer maintains an Outperform rating on U.S. Bancorp but lowers the price target from $60 to $59.
The reduction in price target is marginal, suggesting that the analyst's outlook on U.S. Bancorp remains positive overall. This slight adjustment in the price target may not significantly impact the stock price in the short term, as the Outperform rating was maintained, indicating continued confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100