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

Rating:
Market Perform
USB

U.s. Bancorp (USB) rated Market Perform with price target $26 by BMO Capital Markets

Posted on: Wednesday,  Jul 16, 2008  9:25 AM ET by BMO Capital Markets

US Bancorp (USB) rated Market
Perform with price target $26 by BMO Capital Markets.

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.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/16/2008 9:25 AM Hold
None
23.62 26.00
as of 12/24/2008
1 Week up  1.98 %
1 Month up  26.55 %
3 Months up  29.57 %
1 YTD down  -42.25 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2008 9:25 AM Hold
None
30.72 30.00

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