Evercore ISI Group Maintains In-Line on U.S. Bancorp, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Vijay Kumar maintains an In-Line rating on U.S. Bancorp (NYSE:USB) and raises the price target from $46 to $48.
March 28, 2024 | 2:40 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an In-Line rating on U.S. Bancorp and raises the price target from $46 to $48.
The increase in price target by Evercore ISI Group suggests a positive outlook on U.S. Bancorp's stock, potentially leading to a short-term increase in its stock price. The maintenance of an In-Line rating indicates that the stock is expected to perform in line with the market or sector, suggesting stability. The adjustment in price target reflects new valuation assessments, possibly due to recent company performance or market conditions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100