Usb stock forecast traders closely watch USB’s cost

Traders closely watch USB’s cost control metrics; forecasted efficiency ratio hovering around 54% gives the stock comparative advantage in bank sector peer groups with higher operating expenses. With these comments in mind, it’s no wonder that Graseck has upgraded USB shares from Equal Weight to Overweight (Buy). Graseck has also raised her price target, from $54 to $57, suggesting a one-year upside for the stock of 28%. (To watch Graseck’s track record, click here ) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Market analysts’ USB stock forecast for 2024 indicates steady dividend yields around 4.6%, underpinned by robust Tier 1 capital ratios. This stability remains attractive to income-focused investors amid banking sector volatility.