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

Rating:
Neutral USB
down 18.02 %

U.s. Bancorp (USB) upgraded to Neutral with price target $44 by Atlantic Equities

Posted on: Monday,  Mar 24, 2014  8:25 AM ET by Atlantic Equities

Atlantic Equities rated Neutral U.s. Bancorp (NYSE: USB) on 03/24/2014. Previously Atlantic Equities rated Underweight U.s. Bancorp (NYSE: USB) on 06/12/2013.,
when the stock price was $35.51. Since then, U.s. Bancorp has gained 21.99% as of 03/24/2014's recent price of $43.32.
If you would have followed the previous Atlantic Equities's recommendation on USB, you would have lost 18.02% of your investment in 285 days.

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.

Atlantic Equities
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/24/2014 8:25 AM Hold
None
43.32 44.00
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD down  -7.22 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2013 8:25 AM Sell
None
35.51

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