U.S. Bancorp price target raised to $65 from $63 at DA Davidson

DA Davidson analyst Peter Winter raised the firm’s price target on U.S. Bancorp (USB) to $65 from $63 and keeps a Buy rating on the shares. The company delivered 370bps of positive operating leverage in 2025 after being negative 7 of the last 8 years driven by revenue growth, with good momentum heading into 2026, the analyst tells investors in a research note. U.S. Bancorp already reached the low-end of its medium-term profitably targets in Q4, which puts them at the upper end of peers, plus credit and capital trends are improving, the firm added.