tiprankstipranks
In this article:
Blurbs

US Bancorp (USB) Receives a Hold from Wedbush

In this article:
In this article:

In a report released yesterday, Peter Winter from Wedbush maintained a Hold rating on US Bancorp (USBResearch Report), with a price target of $63.00. The company’s shares closed last Monday at $59.58.

According to TipRanks.com, Winter is a 4-star analyst with an average return of 9.9% and a 55.4% success rate. Winter covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Texas Capital Bancshares, and Huntington Bancshares.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for US Bancorp with a $65.27 average price target, implying a 9.3% upside from current levels. In a report issued on February 3, Robert W. Baird also maintained a Hold rating on the stock with a $58.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on US Bancorp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.66 billion and net profit of $1.67 billion. In comparison, last year the company earned revenue of $5.73 billion and had a net profit of $1.52 billion.

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.

Read More on USB:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed