U.S. Bancorp (NYSE:USB) Sets New 1-Year High - Here's Why

U.S. Bancorp (NYSE:USB) recently hit a new 52-week high of $65.09, driven by strong quarterly results and positive analyst sentiment. The bank surpassed earnings expectations with $1.35 EPS and $7.69 billion in revenue, and analysts have an average "Moderate Buy" rating with price targets up to $74. The company also maintains a quarterly dividend of $0.52, offering a 3.2% yield.