Morgan Stanley Upgrades U.S. Bancorp to Overweight, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded U.S. Bancorp (NYSE:USB) from Equal-Weight to Overweight and increased the price target from $54 to $57, indicating a positive outlook for the stock.
September 30, 2024 | 10:57 am
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POSITIVE IMPACT
Morgan Stanley has upgraded U.S. Bancorp from Equal-Weight to Overweight and raised the price target to $57, suggesting a positive short-term outlook for the stock.
The upgrade from Equal-Weight to Overweight by Morgan Stanley indicates increased confidence in U.S. Bancorp's performance. The raised price target to $57 suggests potential upside, likely leading to positive investor sentiment and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100