Raymond James cuts target for U.S. Bancorp stock

Published on 10/07/2026 at 14:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 10.10 percent to USD 7.71 billion. U.S. Bancorp stock costs EUR 50.96 on October 7, 2026, versus EUR 50.87.

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U.S. Bancorp stock (ISIN US9029733048) was trading at EUR 50.96 at Lang & Schwarz on October 7, 2026 at 2:33 p.m. CEST, up 0.18 percent versus the EUR 50.87 prior close. The latest analyst action came from Raymond James, which cut its U.S. Bancorp price target from USD 74.00 to USD 72.00 on October 6, 2026, according to MarketBeat.

Target cuts precede October results

The target reduction places Raymond James below its previous USD 74.00 view, while the new USD 72.00 target remains above the Lang & Schwarz euro quotation on a different currency basis. MarketBeat also reported a consensus rating of Moderate Buy and an average target of USD 67.31 on October 6, 2026, but those figures are not directly comparable with the euro reference price.

U.S. Bancorp has a clear near-term date for a fresh test of that analyst view. The company said on October 1, 2026, that it will release third-quarter 2026 results before the market opens on October 15, 2026, according to U.S. Bancorp.

Second-quarter growth sets the benchmark

In the second quarter of 2026, total net revenue rose 10.10 percent year over year to USD 7.71 billion, while net income attributable to U.S. Bancorp increased 19.90 percent to USD 2.18 billion. The figures come from the quarter ended June 30, 2026, as reported by Ticker Scout.

Diluted earnings per share reached USD 1.35 in the second quarter of 2026, up 21.60 percent from USD 1.11 a year earlier. Net interest income increased 7.70 percent to USD 4.36 billion, while the net interest margin widened to 2.79 percent from 2.66 percent, giving investors two operating measures to watch alongside headline profit.

Stock remains below its yearly high

U.S. Bancorp had a USD 45.02 to USD 66.07 52-week range and a USD 89.2 billion market capitalization as of October 6, 2026. The EUR 50.96 Lang & Schwarz quote therefore sits below the stock's dollar high, although the currency difference prevents a direct percentage comparison.

At Lang & Schwarz, U.S. Bancorp was trading at EUR 50.96 on October 7, 2026 at 2:33 p.m. CEST, plus 0.18 percent versus the EUR 50.87 prior close. The further course of trading is shown by the continuously updated real-time quote of U.S. Bancorp stock.