U.S. Bancorp (USB) Posts Q4 GAAP EPS of 80c

Go back to U.S. Bancorp (USB) Posts Q4 GAAP EPS of 80c

Piper Jaffray Adujsts Estimates on U.S. Bancorp (USB) - Cuts PT to $48

January 19, 2016 7:11 AM EST

Piper Jaffray maintained an Overweight rating on U.S. Bancorp (NYSE: USB), and cut the price target to $48.00 (from $49.00), following a higher tax rate and more conservative interest rate assumptions. Piper dropped it's FY16E EPS to $3.36 from $3.42 and FY17E EPS to $3.67 from $3.76. Estimates are slightly below consensus due to... More