U.S. Bancorp's adjusted profit falls as deposit costs hurt interest income

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Go back to U.S. Bancorp's adjusted profit falls as deposit costs hurt interest income

U.S. Bancorp (USB) PT Raised to $48 at RBC Capital

July 18, 2024 6:15 AM EDT

RBC Capital analyst Gerald Cassidy raised the price target on U.S. Bancorp (NYSE: USB) to $48.00 (from $47.00) while maintaining a Outperform rating.

The analyst comments "For the last 20 years, USB has been one of the premier banks in the U.S. by delivering... More

U.S. Bancorp (USB) PT Raised to $53 at BofA Securities

July 18, 2024 6:03 AM EDT

BofA Securities analyst Erika Najarian raised the price target on U.S. Bancorp (NYSE: USB) to $53.00 (from $49.00) while maintaining a Buy rating.

The analyst comments "USB shares outperformed peers by ~400bp after reporting 2Q24 core EPS of $0.98, beating our/cons. $0.96/$0.93 ests. Beat vs... More

U.S. Bancorp (USB) PT Raised to $49 at DA Davidson

July 18, 2024 5:05 AM EDT

DA Davidson analyst Peter Winter raised the price target on U.S. Bancorp (NYSE: USB) to $49.00 (from $44.00) while maintaining a Neutral rating.

The analyst comments "Net interest income hit an inflection, as it increased 0.9% Q/Q in 2Q24, plus the outlook is... More