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US Bancorp (USB) Receives a Buy From Barclays
Goldman Sachs Maintains U.S. Bancorp(USB.US) With Hold Rating, Raises Target Price to $49
Goldman Raises U.S. Bancorp's Price Target to $49 From $46
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U.S. Bancorp surged more than 5% with Q3 net income increasing by 12.5% year-on-year, net interest income exceeding expectations.
October 16th, Guolonghui | u.s. bancorp (USB.US) rose over 5%, hitting a high of 50 US dollars, reaching a new high in nearly a year. On the news front, u.s. bancorp's net income for the third quarter was $6.86 billion, a decrease of 2.4% year-on-year, with market estimates of $6.9 billion; net income of $1.71 billion, a year-on-year increase of 12.5%; adjusted earnings per share of $1.03, market estimate of $0.99. Net interest income for the period was $4.14 billion, with market estimates of $4.04 billion.