Goldman Sachs Maintains Neutral on U.S. Bancorp, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Richard Ramsden maintains a Neutral rating on U.S. Bancorp (NYSE:USB) and lowers the price target from $48 to $46.
September 11, 2024 | 5:35 pm
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Goldman Sachs has maintained a Neutral rating on U.S. Bancorp but lowered the price target from $48 to $46, indicating a slightly less optimistic outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on U.S. Bancorp's short-term performance, which could lead to a negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
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IMPORTANCE 80
RELEVANCE 100