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

Core Insights - U.S. Bancorp is recognized as one of the best wide moat stocks to buy currently, attributed to its switching costs and cost advantages [1] - Evercore ISI has raised the price target for U.S. Bancorp's stock from $49 to $54 while maintaining an "In Line" rating, indicating solid trends for regional banks and specialty finance for Q3 2025, with full earnings momentum expected by early 2026 [1][2] Financial Performance - In Q2 2025, U.S. Bancorp achieved year-over-year top-line revenue growth, resulting in a positive operating leverage of 250 basis points and an efficiency ratio of 59.2% [2] - The company's diversified fee income businesses contributed approximately 42% to total revenue, with notable growth in payment services revenue, trust and investment management fees, and treasury management fees [2]