Raymond James cut U.S. Bancorp stock target to USD 72
Published on 10/09/2026 at 15:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Raymond James cut its U.S. Bancorp target from USD 74 to USD 72 on October 6, 2026, while keeping Strong Buy.
- U.S. Bancorp reported USD 1.35 diluted EPS in the second quarter of 2026, up from USD 1.11 a year earlier.
- The Lang and Schwarz quote was EUR 51.17 on October 9, 2026, plus 0.63 percent versus the EUR 50.85 prior close.
- Third-quarter 2026 earnings are scheduled for October 15, 2026, before the market opens.
U.S. Bancorp (ISIN US9029733048) was trading at EUR 51.17 at Lang and Schwarz on October 9, 2026, plus 0.63 percent versus the prior close of EUR 50.85. MarketBeat reported on October 6, 2026, that Raymond James cut its target from USD 74 to USD 72 while maintaining a Strong Buy rating.
Raymond James trims its target
The new USD 72 target remains 25.46 percent above the USD 57.39 reference price cited in the October 6 report. The reduction sits alongside other recent target cuts, including JPMorgan's move from USD 69 to USD 65 on October 2, 2026, as reported by Markets Insider.
What does the target cut change?
The latest operating base is the second quarter of 2026. U.S. Bancorp reported total net revenue of USD 7.71 billion, up 10.10 percent from USD 7.00 billion a year earlier, while net income attributable to U.S. Bancorp reached USD 2.18 billion, up 19.90 percent from USD 1.81 billion, according to Ticker Scout. Diluted earnings per share rose to USD 1.35 from USD 1.11, and the net interest margin increased to 2.79 percent from 2.66 percent in the same quarter.
Three recent capital signals
On September 8, 2026, U.S. Bancorp raised its quarterly dividend to USD 0.54 per share from USD 0.52, a 3.80 percent increase, with payment scheduled for October 15, 2026, according to MarketScreener. On October 1, 2026, the company announced that it would publish third-quarter results on October 15, 2026, before the market opened, per U.S. Bancorp.
Next dates for shareholders
The next two company-specific dates are October 15, 2026, for the third-quarter earnings release and the USD 0.54 dividend payment. The scheduled results will test whether the second-quarter pattern of 10.10 percent net revenue growth and a 2.79 percent net interest margin continues into the next reporting period.
EUR 51.17 in trading
At 2:59 p.m. CEST on October 9, 2026, the Lang and Schwarz price stood at EUR 51.17, plus 0.63 percent versus the EUR 50.85 prior close. On the NYSE, U.S. Bancorp's primary exchange, the finance quote showed USD 57.03 at 4:00 p.m. EDT on October 8, 2026, with a 52-week range of USD 45.02 to USD 66.08 and market capitalization of USD 88.8 billion.
The further course of trading is shown by the continuously updated real-time quote of U.S. Bancorp stock.
U.S. Bancorp stock facts
- Company: U.S. Bancorp
- ISIN: US9029733048
- Ticker: USB
- Primary exchange: NYSE
- Price Lang and Schwarz (as of October 9, 2026, 2:59 p.m. CEST): EUR 51.17
- Change versus prior close: plus 0.63 percent
- Prior close Lang and Schwarz (October 8, 2026): EUR 50.85
- Market capitalization: USD 88.8 billion (as of October 8, 2026)
- 52-week range: USD 45.02-USD 66.08 (as of October 8, 2026)
- Sector / Industry: Financials / Banks - Regional
