U.S. Bancorp price target raised to $55 from $54 at BofA

BofA raised the firm’s price target on U.S. Bancorp (USB) to $55 from $54 and keeps a Buy rating on the shares following “solid” Q3 results, telling investors that the firm thinks the company’s Q4 net income interest guidance of “relatively stable” seems to leave “room for outperformance.”