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Fly News Breaks for July 18, 2016
WFC
Jul 18, 2016 | 07:14 EDT
UBS analyst Brennan Hawken reiterated his Sell rating on Wells Fargo shares following Q2 earnings. The analyst cited credit concerns on both commercial and consumer loans and the company's earnings power. Hawken said he sees downside to consensus estimates and maintained his $45 price target on Wells Fargo shares.