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U.S. Bancorp price target lowered to $48 from $49 at Piper Sandler

Piper Sandler lowered the firm’s price target on U.S. Bancorp (USB) to $48 from $49 and keeps an Overweight rating on the shares. The firm is fine-tuning its 2025E EPS following U.S. Bancorp’s Q1 earnings and updated guidance, though Piper is raising its 2026.

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