Oppenheimer Maintains Outperform on U.S. Bancorp, Lowers Price Target to $54
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 $55 to $54.

April 18, 2024 | 1:03 pm
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Oppenheimer maintains an Outperform rating on U.S. Bancorp but lowers the price target from $55 to $54.
The adjustment in price target by a reputable analyst like Chris Kotowski could have a mixed impact on U.S. Bancorp's stock price. While maintaining an Outperform rating indicates a positive outlook on the stock, the reduction in the price target might signal a tempered expectation for the stock's short-term growth potential. Investors might view this adjustment as a minor recalibration rather than a significant change in the company's fundamentals or outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100