US Bancorp's (USB) Q4 performance has been spotlighted, despite the adjustment of the stock's price target by Morgan Stanley and Oppenheimer to $59 and $63, respectively. Positive reviews arose despite the stock's decline, compliments of the company's Q4 results that surpassed estimates, effected by robust net interest income. However, there was mention of a 6.6% crash.
Thomasville National Bank and Brookstone Capital Management have increased their stakes, while some firms like Douglas Lane & Associates LLC and Professional Advisory Services Inc. reduced their holdings. New investments have also been witnessed from
Avanza Fonder AB and R.H. Investment Group LLC. Among significant updates,
Courtney Kelso is moving to head U.S. Bancorp's Consumer Payments Organization from American Express. Street analysts' optimistic outlook for the stock has been noted, hinting at long-term investment potential.
Dividend declaration and stock repurchase announcements strengthen US Bancorp's investor appeal. Lastly, the CEO's scheduled presentation at the Goldman Sachs Financial Conference is anticipated.
US Bancorp USB News Analytics from Wed, 22 May 2024 07:00:00 GMT to Sat, 18 Jan 2025 18:53:02 GMT -
Rating 3
- Innovation -1
- Information 9
- Rumor -6
