DA Davidson Maintains Neutral on U.S. Bancorp, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Winter maintains a Neutral rating on U.S. Bancorp (NYSE:USB) but raises the price target from $49 to $54.
October 17, 2024 | 6:17 pm
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DA Davidson has maintained a Neutral rating on U.S. Bancorp but increased the price target from $49 to $54, indicating a positive outlook.
The increase in the price target from $49 to $54 suggests a positive outlook for U.S. Bancorp, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100