Market Overview

Why U.S. Bancorp's Stock Is Trading Lower Today

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U.S. Bancorp (NYSE: USB) shares are trading lower on Thursday, after Morgan Stanley maintained an Underweight rating on the stock and lowered its price target from $43 to $41.

As a diversified financial-services provider, U.S. Bancorp is the nation's fifth- largest bank with branches in well over 20 states, primarily in the Western and Midwestern United States.

The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.

U.S. Bancorp shares were trading down 4.91% at $37.39 on Thursday. The stock has a 52-week high of $61.11 and a 52-week low of $28.36.

Latest Ratings for USB

DateFirmActionFromTo
Jun 2020DA DavidsonInitiates Coverage OnBuy
Jun 2020Morgan StanleyMaintainsUnderweight
Jun 2020Wells FargoMaintainsOverweight

View More Analyst Ratings for USB
View the Latest Analyst Ratings

 

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