HSBC Upgrades U.S. Bancorp to Buy, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez upgrades U.S. Bancorp (NYSE:USB) from Hold to Buy and increases the price target from $47 to $53.
March 28, 2024 | 9:06 am
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HSBC analyst Saul Martinez upgrades U.S. Bancorp from Hold to Buy and raises the price target from $47 to $53.
The upgrade from Hold to Buy by a prominent analyst at HSBC, along with a significant increase in the price target, suggests a positive outlook for U.S. Bancorp's stock. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100