, Tracking Stock Market Picks
Enter Symbol:
U.s. Bancorp (USB) [hlAlert]

down 49.67 %

U.s. Bancorp (USB) rated Underperform with price target $12 by Friedman Billings

Posted on: Thursday,  Jan 22, 2009  8:25 AM ET by Friedman Billings

Friedman Billings rated Underperform U.s. Bancorp (NYSE: USB) on 01/22/2009. Previously Friedman Billings rated Underperform U.s. Bancorp (NYSE: USB) on 01/14/2009.,
when the stock price was $21.43. Since then, U.s. Bancorp has gained 98.69% as of 01/14/2016's recent price of $42.58.
If you would have followed the previous Friedman Billings's recommendation on USB, you would have lost 49.67% of your investment in 2556 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2009 8:25 AM Sell
13.88 12.00
as of 12/31/2009
1 Week down  -19.39 %
1 Month down  -11.72 %
3 Months down  -23.33 %
1 YTD down  -108.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/14/2009 8:25 AM Sell
21.43 17.00
7/18/2007 9:25 AM Buy
32.72 38.00

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