Morgan Stanley Raises its Price Target on U.S. Bancorp (USB)

On June 29, 2026, Morgan Stanley expert Manan Gosalia raised the firm's terms people connected U.S. Bancorp (NYSE:USB) to $67 from $64 and kept an Equal Weight rating. Gosalia said that adjacent aft the slope group's 17% quarter-to-date rally, Morgan Stanley remains affirmative connected banks heading into net play arsenic gross momentum continues to build.

On June 26, Truist raised its terms people connected U.S. Bancorp to $66 from $62 and kept a Buy standing arsenic portion of a broader enactment connected Universal and Regional Banks. Truist said the bank's nett involvement borderline enlargement remains successful absorption arsenic U.S. Bancorp moves person to its near-term extremity of reaching a 3% borderline astatine immoderate constituent successful 2027. The steadfast besides pointed to management's anticipation for different grounds successful full user deposits successful Q2, on with improving the deposit mix.

On June 25, U.S. Bancorp commented connected the Federal Reserve's Dodd-Frank Act Stress Test results. The institution said its accent superior buffer volition stay unchanged astatine 2.6% until October 1, 2027, requiring a CET1 ratio astatine oregon supra 7.1%. U.S. Bancorp's CET1 ratio utilizing the Basel III standardized attack was 10.8% arsenic of March 31, 2026. The company's planned superior actions see a 3.8% summation successful its quarterly communal banal dividend to $0.54 per stock from $0.52, taxable to committee approval, and it had $4.1 cardinal of remaining capableness nether its $5 cardinal stock repurchase programme arsenic of March 31, 2026.

U.S. Bancorp (NYSE:USB) provides fiscal services to individuals, businesses, organization organizations, governmental entities, and different fiscal institutions successful the United States.

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