DA Davidson analyst Peter Winter lowered the firm’s price target on U.S. Bancorp (USB) to $49 from $54 and keeps a Buy rating on the shares after its Q1 results. The firm cites the company’s lower net interest income and rising non-interest expenses, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USB:
- U.S. Bancorp price target raised to $49 from $48 at BofA
- U.S. Bancorp price target lowered to $43 from $55 at Stephens
- U.S. Bancorp price target lowered to $51 from $57 at Raymond James
- U.S. Bancorp price target lowered to $48 from $49 at Piper Sandler
- U.S. Bancorp price target lowered to $50 from $56 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue