U.S. Bancorp Trading Volume Plummets 88.45% to 272nd Position Despite Stock Price Gains
1min read On March 24, 2025, U.S. Bancorp (USB) saw a trading volume of $341 million, marking an 88.45% decrease from the previous day. This placed the stock at the 272nd position in terms of trading volume for the day. The stock price of usb rose by 2.15%, marking its second consecutive day of gains, with a total increase of 2.70% over the past two days.
Analysts have given U.S. Bancorp an average rating of overweight, with a mean price target of $56.45, according to data from factset. This rating reflects a consensus view among financial experts regarding the stock's potential.
Morgan Stanley analyst Betsy Graseck has adjusted the firm's price target for U.S. Bancorp to $55, down from the previous target of $60. Despite this reduction, the analyst maintains an Overweight rating on the shares, indicating a positive outlook on the stock's future performance.
Currently, the analyst consensus on U.S. Bancorp is a Moderate Buy, with an average price target of $56.67. This target suggests a potential upside of 32.28% from current levels, highlighting the stock's growth potential as seen by industry experts.
Ask Aime: What caused the significant drop in trading volume for U.S. Bancorp (USB) on March 24, 2025, and how might this impact its stock price in the near future?
