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market

Vining Sparks cuts U.S. Bancorp to outperform


U.S. Bancorp (USB -1%) is cut to market outperform from strong buy by Vining Sparks analyst Marty L. Mosby.

Price target trimmed to $59 from $61, implying 13% upside potential.

Quant Rating Neutral, Sell-side average rating Hold (4 Buy, 3 Outperform, 16 Hold, 2 Underperform, 1 Sell).

U.S. Bancorp three-month price performance of 7.9% compares with 5.5% for sector median.





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