Raymond James upgraded U.S. Bancorp stock to “Strong Buy” with a price target of $57. The firm is confident in the bank’s ability to meet profitability goals, despite market skepticism. U.S. Bancorp’s regulatory ratios show healthy capital levels, with a CET1 ratio of 10.8% as of March 31, 2025.
In Q1 2025, U.S. Bancorp reported total net revenue of ~$7.0 billion, driven by margin expansion and a 5% increase in fee revenue. The bank’s asset quality and capital levels remain strong. While U.S. Bancorp offers investment potential, other AI stocks may have greater upside with less risk.
For more on AI stocks, check out Insider Monkey’s reports on “13 Cheap AI Stocks to Buy According to Analysts” and “11 Unstoppable Growth Stocks to Invest in Now.” This article is originally published on Insider Monkey.
Read more at Yahoo Finance: Raymond James Upgrades U.S. Bancorp (USB) Stock to Strong Buy