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Fly News Breaks for January 31, 2018
USB
Jan 31, 2018 | 06:52 EDT
JPMorgan analyst Vivek Juneja downgraded U.S. Bancorp to Underweight with an unchanged price target of $58.50. The benefit from tax cuts and improving consumer spending are likely to be offset by increased tech spending, Juneja tells investors in a research note. The analyst sees the company's dividend growth lagging peers.
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