Information Provided By: 
Fly News Breaks for October 15, 2018
WFC
Oct 15, 2018 | 08:25 EDT
As previously reported, Macquarie upgraded Wells Fargo to Outperform from neutral with a $62 price target. Analyst David Konrad said Wells Fargo shares are trading at a 10% discount to peers and believes investors will warm up to the company's self-help story of meaningful expense savings over the next two years combined with better than peer buybacks. Konrad notes revenue growth will be challenging, but is encouraged by signs from consumers in the form of improved checking account and card growth, and moderating FA turnover.
News For WFC From the Last 2 Days
There are no results for your query WFC
