U.S. Bancorp price target raised to $52 from $51 at Truist

Truist analyst John McDonald raised the firm’s price target on U.S. Bancorp (USB) to $52 from $51 and keeps a Hold rating on the shares as part of a broader research note on Regional Banks, updating the firm’s models following their Q3 results. The firm also is boosting the bank’s FY26/FY27 by 1%-2% to reflect better fee income growth and marginally better net interest income, the analyst tells investors in a research note.