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Enter Symbol:
Rating: USB
Neutral $44

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

Monday,  Mar 24, 2014  8:25 AM ET by Betsy O'Brien Harrison

Atlantic Equities upgraded U.s. Bancorp (NYSE: USB) to Neutral with price
target $44. Previously Atlantic Equities upgraded to U.s. Bancorp (NYSE: USB) to Underweight on 06/12/2013, when the stock price was $35.51.

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

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