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Financial News Network
July 22, 2011 AT 12:05 AM
Morgan Stanley raised its 2011 and 2012 EPS estimates for US Bancorp (NYSE:USB) and maintained its equal-weight rating on the stock, with a $30 price target.The bank sees 2011 EPS of $3.27, up from $3.29 per share, and 2012 EPS of $3.55, up from $3.54 per share.US Bancorp has a potential upside of 11.1% based on a current price of $27.16 and an average consensus analyst price target of $30.19.