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U.S. Bancorp Surges to 243rd in Trading Volume Despite Stock Decline

Market BriefMonday, Mar 31, 2025 7:50 pm ET
1min read

On March 31, 2025, U.S. Bancorp (USB) saw a significant increase in trading volume, with a turnover of $443 million, marking a 46.2% rise from the previous day. This surge placed usb at the 243rd position in terms of trading volume for the day. However, the stock price of USB experienced a decline of 0.09%, marking the third consecutive day of losses, with a total decrease of 3.54% over the past three days.

U.S. Bancorp's stock has been the subject of recent analyst upgrades. On March 28, HSBC Securities upgraded their rating from Hold to Buy, increasing their price target from $47 to $53. Similarly, on March 22, compass Point upgraded their rating from Neutral to Buy, with a new price target of $49.

In other news, U.S. Bancorp's Vice Chair Terry Dolan was involved in a plane crash in Brooklyn Park, Minnesota on Saturday. The bank released a statement on Sunday confirming the incident.

Ask Aime: What caused U.S. Bancorp's stock to decline despite analyst upgrades?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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