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U.S. Bancorp no longer a Buy at Macquarie

Jan. 02, 2014 9:44 AM ETU.S. Bancorp (USB) StockUSBBy: Stephen Alpher, SA News Editor
  • U.S. Bancorp (USB -1.2%) is the worst performer in the regional bank sector in early action after Macquarie cashes in its chips, downgrading to Hold with price target remaining at $42.
  • The stock gained 20.9% in 2013, with all of the advance coming in H2.

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