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

Rating:
Outperform
USB
up 133.31 %

U.s. Bancorp (USB) rated Outperform with price target $24 by Credit Suisse

Posted on: Wednesday,  Aug 5, 2009  10:25 AM ET by Credit Suisse

Credit Suisse rated Outperform U.s. Bancorp (NYSE: USB) on 08/05/2009. Previously Credit Suisse rated Outperform U.s. Bancorp (NYSE: USB) on 07/21/2009.,
when the stock price was $18.25. Since then, U.s. Bancorp has gained 133.32% as of 01/14/2016's recent price of $42.58.
If you would have followed the previous Credit Suisse's recommendation on USB, you would have gained 133.31% of your investment in 2368 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.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/5/2009 10:25 AM Buy
None
21.75 24.00
as of 12/31/2009
1 Week up  19.39 %
1 Month up  11.72 %
3 Months up  23.33 %
1 YTD up  23.95 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/21/2009 8:25 AM Buy
None
18.25
1/22/2009 9:25 AM Hold
None
13.88 14.00
9/12/2007 9:25 AM Hold
None
31.47 34.00

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