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UPDATE: Keefe, Bruyette & Woods Downgrades U.S. Bancorp Due To Valuation Concerns
Monday, December 8, 2014 - 10:20am | 224Christopher Mutascio of Keefe, Bruyette & Woods downgraded shares of U.S. Bancorp (NYSE: USB) on Monday to Underperform from Market Perform with a newly established $44 price target. “We still view the company as a high-quality franchise led by a strong management team,” Mutascio wrote in a...