Baird Upgrades US Bancorp (USB) to Outperform, $29 Target
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Robert W. Baird upgrades US Bancorp (NYSE: USB) from Neutral to Outperform. The firm also boosted its price target from $16 to $29.
Traders seem to be cheering the upgrade this morning, bidding up shares of US Bancorp by about 1.9%. The stock most recently traded at $23.39, representing potential upside of nearly 24%.
Visit our Analyst Ratings page to see all the market-moving upgrades/downgrades on shares of US Bancorp.
U.S. Bancorp operates as a financial holding company and a bank holding company. U.S. Bancorp provides a range of financial services, including lending and depository services, cash management, foreign exchange, and trust and investment management services.
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