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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 $57 from $56 at Morgan Stanley
- U.S. Bancorp price target raised to $52 from $50 at Wells Fargo
- Options Volatility and Implied Earnings Moves Today, October 17, 2025
- U.S. Bancorp price target raised to $70 from $65 at Citi
- U.S. Bancorp price target raised to $52 from $51 at Goldman Sachs