Analysts See Limited Upside for U.S. Bancorp (USB) Amid Neutral Outlook

U.S. Bancorp (NYSE:USB) is among the 15 Undervalued Momentum Stocks That Are Taking Off.

On February 9, JPMorgan reiterated its Underweight standing connected U.S. Bancorp (NYSE:USB) but raised its terms people from $55.5 to $62. This revision comes amid JPM’s estimation revisions crossed the large-cap banks, with the steadfast noting that markets proceed to terms successful 2 complaint cuts portion semipermanent yields “remain sticky with ostentation concerns.”

That said, JPM besides acknowledged that slope stocks person demonstrated resilience, supported by assemblage rotation, unchangeable economical conditions, and dependable underlying fundamentals. They besides spot a supportive regulatory situation and ongoing slope consolidation enactment arsenic tailwinds to the sector.

Broader sentiment towards the banal remains cautious, arsenic 2 different analysts person besides reaffirmed their neutral stances during the archetypal week of February contempt raising their terms targets. Around February 4, UBS raised its terms people to $60 from $57 with a Neutral rating, and a time later, Evercore ISI expert John Pancari besides accrued his terms people connected USB to $65 from $60 portion keeping an In Line rating.

Overall, 50% of analysts who screen the banal complaint it Buy oregon equivalent, and the statement 1-year median terms people of $62 implies a 6%-7% upside. With year-to-date returns of astir 10%, the banal presently trades astatine $58.76, adjacent the apical of its 52-week range.

U.S. Bancorp (NYSE:USB), a fiscal services holding company, provides assorted fiscal services to individuals, businesses, organization organizations, governmental entities, and different fiscal institutions successful the United States. It operates successful Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments.

While we admit the imaginable of USB arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.