Compass Point raised the firm’s price target on U.S. Bancorp (USB) to $60 from $49 and keeps a Buy rating on the shares. The firm has updated thoughts on bank M&A and the impact of Trump’s victory on bank valuation, stock price and EPS changes, the analyst tells investors.
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Read More on USB:
- U.S. Bancorp price target raised to $58 from $52 at Piper Sandler
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- U.S. Bancorp upgraded to Buy from Neutral at Citi
- U.S. Bancorp price target raised to $55 from $54 at Evercore ISI
- FDIC Chairman Gruenberg to step down in January, Bloomberg reports