Raymond James cuts target for U.S. Bancorp stock to USD 72.00
Published on 10/08/2026 at 16:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
U.S. Bancorp (ISIN US9029733048) saw Raymond James cut its price target from USD 74.00 to USD 72.00 on October 6, 2026, according to MarketBeat. The Lang & Schwarz price was EUR 50.18 at 4:01 p.m. CEST on October 8, 2026, minus 0.04 percent versus the EUR 50.20 prior close.
Three dated developments
On July 16, 2026, U.S. Bancorp reported adjusted earnings per share of USD 1.35 against a USD 1.28 consensus estimate, while revenue reached USD 7.69 billion versus USD 7.58 billion expected, according to MarketBeat. On September 8, 2026, the board declared a USD 0.54 quarterly dividend, 3.8 percent above the previous USD 0.52 payment, according to U.S. Bancorp. The October 6 target reduction is the latest of the three developments.
Second-quarter growth remains visible
U.S. Bancorp's second-quarter 2026 total net revenue rose 10.10 percent year over year to USD 7.71 billion, while net income increased 19.90 percent to USD 2.18 billion, according to Ticker Scout. Diluted earnings per share reached USD 1.35, up from USD 1.11 in the second quarter of 2025, and the net interest margin rose to 2.79 percent from 2.66 percent.
What does the target cut mean?
Raymond James kept a strong-buy rating while lowering its target by USD 2.00, a 2.70 percent reduction from USD 74.00. MarketBeat also reported a USD 67.31 average target and a Moderate Buy consensus, showing that the target cut did not eliminate the broader positive analyst view.
Two October 15 dates matter
U.S. Bancorp will release third-quarter 2026 results before the market opens on October 15, 2026, according to U.S. Bancorp. The USD 0.54 dividend is also payable on October 15, 2026, to holders recorded on September 30, 2026.
Stock stays below its yearly high
On the NYSE, U.S. Bancorp was trading at USD 56.12 at 10:04 a.m. EDT on October 8, 2026. Its market capitalization was USD 87.4 billion, while the 52-week range stood at USD 45.02 to USD 66.08. The euro quote from Lang & Schwarz was EUR 50.18 at 4:01 p.m. CEST on October 8, 2026, minus 0.04 percent versus the Lang & Schwarz prior close of EUR 50.20 on October 7, 2026. 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 & Schwarz (as of October 8, 2026, 4:01 p.m. CEST): EUR 50.18
- Change versus prior close: minus 0.04 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 50.20
- Market capitalization: USD 87.4 billion (as of October 8, 2026)
- 52-week range: USD 45.02-66.08 (as of October 8, 2026)
- Sector / Industry: Financials / Regional banks
Market context: Market report S&P 500.
