BUZZ-Argus Research raises PT on U.S. Bancorp

-0.04%

U.S. Bancorp

USB

54.38

-0.04%

** Shares of lender U.S. Bancorp USB.N rise 0.92% to $54.99

** Argus Research raises PT on USB to $62 from $52, a 12.8% upside to the stock's last close

** Broker cites expectations of stronger loan growth from lower interest rates, steady credit quality, and tight cost control

** Argus also lifts its 2026 EPS estimate for USB to $4.90 from $4.87

** USB trades at 2.0x tangible book value, which Argus says is a discount to peers despite above‑peer profitability metrics

** 15 of 25 brokerages rate the stock "buy" or "strong buy", 9 "hold" and 1 "sell"; median PT is $57 — data compiled by LSEG

** Including session's move, USB up 14.96% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

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