Evercore ISI Raises PT on U.S. Bancorp (USB) Stock

U.S. Bancorp (NYSE:USB) is one of the Best Wide Moat Stocks to Buy Right Now. The company’s wide moat stems from the switching costs and cost advantages. On September 30, Evercore ISI lifted the price target on the company’s stock to $54 from $49, while keeping an “In Line” rating, as reported by The Fly. As per the analyst, the regional bank and specialty finance trends appear solid for Q3 2025. However, the full momentum in earnings might not be seen until early 2026, added the firm’s analyst.

Evercore ISI Raises PT on U.S. Bancorp (USB) Stock

Notably, in Q2 2025, U.S. Bancorp (NYSE:USB)’s YoY top-line revenue growth, along with the continued expense discipline, led to the 250 bps of positive operating leverage, as adjusted, as well as an efficiency ratio of 59.2%. U.S. Bancorp (NYSE:USB)’s results demonstrated continued momentum throughout several of its diversified fee income businesses, which now make up ~42% of the company-wide revenue. U.S. Bancorp (NYSE:USB)’s fee growth was helped by the payment services revenue, trust and investment management fees, and treasury management fees.

While we acknowledge the potential of USB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than USB and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.