BofA analyst Ebrahim Poonawala raised the firm’s price target on U.S. Bancorp (USB) to $62 from $61 and keeps a Buy rating on the shares following Q4 results. BofA sees 2026 as a pivotal year for CEO Gunjan Kedia to convince the Street that U.S. Bancorp is on the mend and on its way to delivering improved shareholder returns, the firm told investors in a research note. The firm added that the stock’s valuation is “attractive”.
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