U.S. Bancorp Stock Outlook: Is Wall Street Bullish or Bearish?

Minneapolis, Minnesota-based U.S. Bancorp (USB) is a financial services company that provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions. Valued at a market cap of $63.8 billion, the company provides a wide range of financial services, including lending, deposits, cash management, and investment services.  

This financial services company has underperformed the broader market over the past 52 weeks. Shares of USB have declined 2% over this time frame, while the broader S&P 500 Index ($SPX) has surged 8.2%. Moreover, on a YTD basis, the stock is down 14.3%, compared to SPX’s 4.7% loss.