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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100