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Enter Symbol:
 
U.s. Bancorp (USB) [hlAlert]

Rating:
Perform USB
3 Months Gains
up 39.17 %

U.s. Bancorp (USB) rated Perform by Oppenheimer

Posted on: Thursday,  Jul 19, 2012  8:25 AM ET by Oppenheimer

U.s. Bancorp (NYSE:
USB) rated Perform by Oppenheimer.

U.S. Bancorp operates as a financial holding company and a bank holding company. U.S. Bancorp provides a range of financial services, including lending and depository services, cash management, foreign exchange, and trust and investment management services. It also engages in credit card services, merchant and Automated Teller Machine (ATM) processing, mortgage banking, insurance, brokerage and leasing. U.S. Bancorp?s banking subsidiaries are engaged in the general banking business, principally in domestic markets. The subsidiaries provide a range of products and services to individuals, businesses, institutional organizations, governmental entities and other financial institutions. The Company operates in five segments: Wholesale Banking, Consumer Banking, Wealth Management & Securities Services, Payment Services, and Treasury and Corporate Support. On November 21, 2008, the Company acquired the banking operations of Downey Savings & Loan Association, F.A. and PFF Bank & Trust.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2012 8:25 AM None
None
33.36
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  23.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2011 8:25 AM Buy
None
23.97 28.00
9/7/2011 8:25 AM Buy
None
21.64 25.00
12/22/2010 8:25 AM Buy
None
26.77 31.00
10/22/2010 8:25 AM Buy
None
23.44 29.00
5/5/2009 8:25 AM None
None
20.12

(*) Stock Price at the time of the recommendation.
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