U.S. Bancorp (USB) – Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of U.S. Bancorp (NYSE: USB) recently:

• 7/29/2026 – U.S. Bancorp had its price target raised by JPMorgan Chase & Co. from $67.50 to $69.00. They now have a “neutral” rating on the stock.
• 7/21/2026 – U.S. Bancorp had its “buy” rating reaffirmed by Citigroup Inc..
• 7/20/2026 – U.S. Bancorp was given a new $67.50 price target by BTIG Research.
• 7/20/2026 – U.S. Bancorp was given a new $67.50 price target by CLSA.
• 7/20/2026 – U.S. Bancorp was upgraded by Evercore Inc from “in-line” to “outperform”. They now have a $72.00 price target on the stock.
• 7/20/2026 – U.S. Bancorp was upgraded by JPMorgan Chase & Co. from “underweight” to “neutral”. They now have a $67.50 price target on the stock, up from $65.00.
• 7/17/2026 – U.S. Bancorp had its price target raised by DA Davidson from $72.00 to $74.00. They now have a “buy” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Stephens from $63.00 to $67.00. They now have an “equal weight” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Barclays PLC from $67.00 to $75.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Oppenheimer Holdings, Inc. from $73.00 to $77.00. They now have an “outperform” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Keefe, Bruyette & Woods from $63.00 to $66.00. They now have a “market perform” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Wells Fargo & Company from $66.00 to $69.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Royal Bank Of Canada from $61.00 to $68.00. They now have an “outperform” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Truist Financial Corporation from $66.00 to $69.00. They now have a “buy” rating on the stock.
• 7/17/2026 – U.S. Bancorp had its price target raised by Robert W. Baird from $64.00 to $68.00. They now have a “neutral” rating on the stock.
• 7/8/2026 – U.S. Bancorp is now covered by Raymond James Financial, Inc.. They set a “strong-buy” rating and a $72.00 price target on the stock.
• 7/7/2026 – U.S. Bancorp had its price target raised by UBS Group AG from $58.00 to $66.00. They now have a “neutral” rating on the stock.
• 7/6/2026 – U.S. Bancorp had its price target raised by JPMorgan Chase & Co. from $57.50 to $65.00. They now have an “underweight” rating on the stock.
• 7/6/2026 – U.S. Bancorp was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $75.00 price target on the stock, up from $60.00.
• 7/6/2026 – U.S. Bancorp had its price target raised by Wells Fargo & Company from $62.00 to $66.00. They now have an “overweight” rating on the stock.
• 7/6/2026 – U.S. Bancorp was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/30/2026 – U.S. Bancorp had its price target lowered by Oppenheimer Holdings, Inc. from $74.00 to $73.00. They now have an “outperform” rating on the stock.
• 6/29/2026 – U.S. Bancorp had its price target raised by Morgan Stanley from $64.00 to $67.00. They now have an “equal weight” rating on the stock.
• 6/28/2026 – U.S. Bancorp was downgraded by Wall Street Zen from “hold” to “sell”.
• 6/26/2026 – U.S. Bancorp had its price target raised by Truist Financial Corporation from $62.00 to $66.00. They now have a “buy” rating on the stock.
• 6/20/2026 – U.S. Bancorp was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/15/2026 – U.S. Bancorp is now covered by Stephens. They set an “equal weight” rating and a $63.00 price target on the stock.
• 6/6/2026 – U.S. Bancorp was downgraded by Wall Street Zen from “hold” to “sell”.

U.S. Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio (DPR) is 41.52%.

Insider Buying and Selling at U.S. Bancorp

In related news, EVP Venkatachari Dilip sold 34,522 shares of U.S. Bancorp stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $55.52, for a total value of $1,916,661.44. Following the transaction, the executive vice president owned 51,292 shares in the company, valued at approximately $2,847,731.84. This trade represents a 40.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen L. Philipson sold 36,906 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $63.08, for a total value of $2,328,030.48. Following the sale, the insider directly owned 74,969 shares of the company’s stock, valued at approximately $4,729,044.52. This trade represents a 32.99% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is owned by insiders.

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.