Morgan Stanley Raises its Price Target on U.S. Bancorp (USB)
Key takeaways
- Bancorp (USB) Jeff Lewis Wed, July 1, 2026 at 9:48 PM GMT+7 2 min read USB TFC USB-PR U.S.
- On June 29, 2026, Morgan Stanley analyst Manan Gosalia raised the firm's price target on U.S.
- On June 26, Truist raised its price target on U.S.
Morgan Stanley Raises its Price Target on U.S. Bancorp (USB) Jeff Lewis Wed, July 1, 2026 at 9:48 PM GMT+7 2 min read USB TFC USB-PR U.S. Bancorp (NYSE:USB) is one of the 10 Most Undervalued American Stocks to Invest In.
On June 29, 2026, Morgan Stanley analyst Manan Gosalia raised the firm's price target on U.S. Bancorp (NYSE:USB) to $67 from $64 and kept an Equal Weight rating. Gosalia said that even after the bank group's 17% quarter-to-date rally, Morgan Stanley remains positive on banks heading into earnings season as revenue momentum continues to build.
On June 26, Truist raised its price target on U.S. Bancorp to $66 from $62 and kept a Buy rating as part of a broader note on Universal and Regional Banks. Truist said the bank's net interest margin expansion remains in focus as U.S. Bancorp moves closer to its near-term goal of reaching a 3% margin at some point in 2027. The firm also pointed to management's expectation for another record in total consumer deposits in Q2, along with improving the deposit mix.