Citi lowered the firm’s price target on U.S. Bancorp to $39 from $54 and keeps a Neutral rating on the shares post the Q1 results. The firm updated its model to reflect a lower earnings outlook.
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- U.S. Bancorp price target lowered to $37 from $41 at Goldman Sachs
- U.S. Bancorp should see continued organic capital growth, says Stephens
- U.S. Bancorp sees FY23 revenue $28.5B – $30.5B , consensus $29.22B
- U.S. Bancorp sees Q2 revenue $7.1B – $7.3B , consensus 7.28B
- U.S. Bancorp reports Q1 EPS $1.16, consensus $1.12