RBC Capital Maintains Outperform on U.S. Bancorp, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gerard Cassidy has maintained an Outperform rating on U.S. Bancorp (NYSE:USB) and increased the price target from $43 to $47, indicating a positive outlook on the stock.
January 18, 2024 | 2:06 pm
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RBC Capital analyst Gerard Cassidy reaffirmed an Outperform rating on U.S. Bancorp and raised the price target from $43 to $47, suggesting confidence in the company's future performance.
The increase in price target by RBC Capital reflects a positive assessment of U.S. Bancorp's future performance, which is likely to be viewed favorably by investors. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100