UBS Maintains Neutral on U.S. Bancorp, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Erika Najarian maintains a Neutral rating on U.S. Bancorp (NYSE:USB) and lowers the price target from $47 to $43.

April 19, 2024 | 3:07 pm
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NEGATIVE IMPACT
UBS maintains a Neutral rating on U.S. Bancorp and lowers the price target from $47 to $43.
The reduction in price target by UBS suggests a bearish outlook on U.S. Bancorp's stock price in the short term. Given the influence of analyst ratings and price targets on investor sentiment, this adjustment is likely to put downward pressure on the stock. The Neutral rating indicates that the analyst does not see significant upside or downside from the current price level, but the lowered price target could lead to negative investor perception and a potential decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100