Wells Fargo Maintains Overweight on U.S. Bancorp, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Mike Mayo maintains an Overweight rating on U.S. Bancorp (NYSE:USB) and raises the price target from $48 to $52.
July 18, 2024 | 7:38 pm
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POSITIVE IMPACT
Wells Fargo analyst Mike Mayo maintains an Overweight rating on U.S. Bancorp and raises the price target from $48 to $52.
The Overweight rating and increased price target from a reputable analyst at Wells Fargo is likely to boost investor confidence in U.S. Bancorp, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100