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Enter Symbol:
Rating: USB
Neutral $43

U.s. Bancorp (NYSE: USB) reiterated to Neutral with price target $43 by Compass Point

Thursday,  Jan 23, 2014  8:25 AM ET by Dave Ficere

Compass Point reiterated U.s. Bancorp (NYSE: USB) to Neutral with price
target $43. Previously Compass Point rated Neutral with price target $37 U.s. Bancorp (NYSE: USB) on 10/17/2013, when the stock price was $37.33.

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.

Compass Point is a financial services firm comprised of specialized professionals in the areas of research, sales, trading and investment banking. We seek to be our client's advisor of choice.

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