BUZZ-Argus Research raises PT on U.S. Bancorp
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Argus Research has raised its price target for U.S. Bancorp to $62 from $52, citing expectations of stronger loan growth, steady credit quality, and tight cost control. The stock is currently trading at a discount to peers despite strong profitability metrics. Argus also increased its 2026 EPS estimate to $4.90. The stock has risen 14.96% year-to-date, with 15 out of 25 brokerages rating it as a "buy" or "strong buy."
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