By: Benzinga
March 11, 2013 at 11:15 AM EDT
ISI Group Reiterates Neutral Rating, $35 PT on U.S. Bancorp on Lowered 2013 EPS Estimate
In a report published Monday, ISI Group reiterated its Neutral rating and $35.00 price target on U.S. Bancorp (NYSE: USB ). ISI Group noted, “We are reducing our 2013 EPS estimate by $0.05 mainly to reflect a modestly lower mortgage banking revenue outlook, slightly slower loan growth, and slightly more
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