
Shares of lender U.S. Bancorp USB.N rise 0.92% to $54.99
Argus Research raises PT on USB to $62 from $52, a 12.8% upside to the stock's last close
Broker cites expectations of stronger loan growth from lower interest rates, steady credit quality, and tight cost control
Argus also lifts its 2026 EPS estimate for USB to $4.90 from $4.87
USB trades at 2.0x tangible book value, which Argus says is a discount to peers despite above‑peer profitability metrics
15 of 25 brokerages rate the stock "buy" or "strong buy", 9 "hold" and 1 "sell"; median PT is $57 — data compiled by LSEG
Including session's move, USB up 14.96% YTD