Morgan Stanley Sticks to Its Hold Rating for US Bancorp (USB)

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Morgan Stanley analyst Manan Gosalia maintained a Hold rating on US Bancorp (USB) with a $67.00 price target, while shares closed at $59.33. This contrasts with the broader market consensus of a Moderate Buy and an average price target of $70.35.

Morgan Stanley analyst Manan Gosalia maintained a Hold rating on US Bancorp on September 25 and set a price target of $67.00. The company’s shares closed last Friday at $59.33.

According to TipRanks, Gosalia is a 4-star analyst with an average return of 7.8% and a 57.94% success rate. Gosalia covers the Financial sector, focusing on stocks such as Bank of America, Truist Financial, and Citigroup.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for US Bancorp with a $70.35 average price target.

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