US Bancorp (USB) Receives a Hold from Wedbush

Wedbush analyst David Chiaverini maintained a Hold rating on US Bancorp (USBResearch Report) today and set a price target of $51.00. The company’s shares opened today at $46.91.

According to TipRanks, Chiaverini is a 3-star analyst with an average return of 2.3% and a 46.03% success rate. Chiaverini covers the Financial sector, focusing on stocks such as Silvergate Capital, SoFi Technologies, and Hope Bancorp.

In addition to Wedbush, US Bancorp also received a Hold from Compass Point’s Dave Rochester in a report issued on January 11. However, on January 10, UBS upgraded US Bancorp (NYSE: USB) to a Buy.

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The company has a one-year high of $58.08 and a one-year low of $37.96. Currently, US Bancorp has an average volume of 9.87M.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of USB in relation to earlier this year. Last month, Andrew Cecere, the COB, Pres & CEO of USB sold 84,948.00 shares for a total of $3,695,238.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Minnesota-based U.S. Bancorp is a financial services holding company and offers services including lending and depository services, cash management, foreign exchange and trust and investment management. It also offers mortgage, refinance, auto, boat & RV loans, credit lines, credit card services, merchant, bank, checking & savings accounts, debit cards, online & mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services.

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