Deutsche Bank Downgrades U.S. Bancorp to Hold, Maintains Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has downgraded U.S. Bancorp from Buy to Hold, while maintaining the price target at $51.
October 24, 2024 | 12:23 pm
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NEUTRAL IMPACT
Deutsche Bank has downgraded U.S. Bancorp from Buy to Hold, maintaining the price target at $51. This suggests a neutral outlook on the stock.
The downgrade from Buy to Hold by Deutsche Bank indicates a shift to a more neutral stance on U.S. Bancorp, suggesting limited upside potential in the short term. However, the maintained price target of $51 implies that the stock is expected to remain stable around this level.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100