U.S. Bancorp (NYSE: USB). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Notable positive changes in U.S. Bancorp (NYSE: USB) fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, USB is expected to continue to be an important Value Builder.
US Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. US Bancorp has a good Appreciation Score of 84 but a neutral Power Rating of 43, producing the Positive Value Trend Rating.
Recent Price Action
U.S. Bancorp (NYSE: USB) stock rose modestly by 0.9% on 11/17/23. The stock closed at $37.64. The stock has performed in line with the market over the last nine months and has risen 11.0% during the last week.
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