HSBC raised the firm’s price target on U.S. Bancorp (USB) to $62 from $58 and keeps a Buy rating on the shares. Bank stocks have pulled back, offering selective opportunities to add exposure, says the analyst, who raised the firm’s 2025-26 adjusted EPS estimates among the group by about 1%-7% to incorporate higher net interest income, investment banking fees, and share repurchase estimates.
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Read More on USB:
- Four banks downgraded at Wolfe as part of 2026 industry outlook
- U.S. Bancorp downgraded to Peer Perform from Outperform at Wolfe Research
- U.S. Bancorp price target raised to $60 from $53 at Evercore ISI
- U.S. Bancorp price target raised to $65 from $56 at Barclays
- US Bancorp put volume heavy and directionally bearish
