U.S. Bancorp Stock Price: $65 Target (Up From $61) By Barclays

By Amit Chowdhry ● April 7, 2021
  • The shares of U.S. Bancorp (NYSE: USB) have received a price target increase from $61 to $65 by Barclays. These are the details.

The shares of U.S. Bancorp (NYSE: USB) have received a price target increase from $61 to $65 by Barclays. And Barclays analyst Jason Goldberg is maintaining an “Overweight” rating on the company shares.

For the near-term, Goldberg believes that a lower than previous expected loan loss provision is expected to drive earnings higher for the company. And a better-than-expected interest rate environment has been helpful for the outlook for U.S. Bancorp.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.