Fly News Breaks for January 21, 2020
Jan 21, 2020 | 05:36 EDT
Credit Suisse analyst Susan Roth Katzke downgraded U.S. Bancorp to Underperform from Neutral with a price target of $52, down from $55. Less differentiation in the bank's fundamental performance will further narrow the valuation gap, in turn weighing on relative share price performance prospects, Roth Katzke tells investors in a research note. The analyst sees "muted" growth prospects for U.S. Bancorp.
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