Oppenheimer Maintains Outperform on U.S. Bancorp, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Chris Kotowski maintains an Outperform rating on U.S. Bancorp (NYSE:USB) but lowers the price target from $61 to $55.

March 19, 2024 | 1:29 pm
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Oppenheimer maintains an Outperform rating on U.S. Bancorp but lowers the price target from $61 to $55.
While the maintenance of an Outperform rating by Oppenheimer indicates continued confidence in U.S. Bancorp's performance, the reduction in the price target could suggest a tempered outlook on the stock's short-term growth potential. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100