Morgan Stanley Maintains Equal-Weight on U.S. Bancorp, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Betsy Graseck has maintained an Equal-Weight rating on U.S. Bancorp (NYSE:USB) and increased the price target from $44 to $45.
January 30, 2024 | 12:03 pm
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Morgan Stanley has maintained an Equal-Weight rating on U.S. Bancorp and raised the price target from $44 to $45, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Betsy Graseck from Morgan Stanley suggests a slightly more optimistic view on the future performance of U.S. Bancorp. While the rating remains unchanged, the higher price target can be seen as a positive signal to investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100