- U.S. Bancorp partners with Fiserv to enhance credit card offerings.
- Analysts maintain a positive outlook with potential upside for USB stock.
- GuruFocus estimates suggest a modest upside based on GF Value.
U.S. Bancorp (NYSE: USB) has initiated a strategic partnership with Fiserv (NASDAQ: FI) to integrate its Elan credit card program into Fiserv's Credit Choice product. This collaboration is poised to bring new features to market by the end of the year, aiming to streamline card management for both consumers and businesses. In early trading, both companies saw slight declines in their stock prices, impacted by this announcement.
Wall Street Analysts Forecast
According to forecasts by 22 analysts, the average one-year price target for U.S. Bancorp (USB) stands at $50.69, with a high estimate of $63.00 and a low estimate of $43.00. This average target reflects a potential upside of 15.67% from the current price of $43.83. For a more comprehensive analysis, visit the U.S. Bancorp (USB, Financial) Forecast page.
The consensus among 24 brokerage firms is a recommendation rating of 2.3 for U.S. Bancorp (USB), which translates to an "Outperform" status. This rating is based on a scale from 1 to 5, where 1 represents a Strong Buy, and 5 represents a Sell.
GuruFocus provides an estimated GF Value for U.S. Bancorp (USB) of $45.47 in one year, indicating a projected upside of 3.75% from its current price of $43.825. GF Value is a proprietary metric that estimates the fair value at which the stock should be traded, calculated by analyzing the stock's historical trading multiples, past business growth, and future business performance estimates. For further insights, visit the U.S. Bancorp (USB, Financial) Summary page.
