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WFC

Wells Fargo

$54.23

-1.37 (-2.46%)

10:59
07/14/17
07/14
10:59
07/14/17
10:59

Wells Fargo sees auto portfolio stabilizing in 1H18

Says seeing "slow but steady" improvement in retail business.

  • 14

    Jul

  • 13

    Oct

  • 15

    Jan

WFC Wells Fargo
$54.23

-1.37 (-2.46%)

04/25/17
04/25/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Best Buy (BBY) upgraded to Buy from Neutral at BofA/Merrill with analyst Denise Chai citing stronger than expected product cycles in TVs, phones, and time smart home technology, strong online growth, increased focus on high margin services like subscription warranties and in-home services, and new cost savings opportunities. 2. JPMorgan (JPM) and American Express (AXP) were upgraded to Buy from Neutral at Guggenheim while Wells Fargo (WFC) was upgraded to Neutral from Sell. 3. Crane (CR) upgraded to Outperform from Market Perform at William Blair with analyst Nicholas Heymann citing the company's first quarter results. 4. NCI Building (NCS) upgraded to Outperform from Sector Perform at RBC Capital with analyst Robert Wetenhall saying he is more confident in the outlook of the company's end markets and the growth potential of its insulated metal panels business. The analyst believes that worries about the impact of steel price fluctuations on the company's margins are overdone, as he says that hedging can reduce the impact of such fluctuations. 5. Terex (TEX) upgraded to Overweight from Neutral at JPMorgan with analyst Ann Duignan saying the stock looks undervalued based on the company's 2020 targets. Following Terex's Q1 upside and raised 2017 outlook, the analyst upped her price target for the shares to $47 from $30. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/12/17
BARD
05/12/17
NO CHANGE
Target $58
BARD
Outperform
Wells Fargo slowly turning the corner, says Baird
Baird analyst David George noted Wells Fargo updated its 2017 guidance at its analyst day and reset expectations. He believes the estimates are conservative and continues to like the longer-term risk/reward for Wells Fargo shares. Coupled with its discounted valuation, the downside should be limited, added George, who reiterated his Outperform rating and $58 price target on Wells Fargo.
05/25/17
BERN
05/25/17
NO CHANGE
BERN
Wells Fargo valuation can increase over time, says Bernstein
Bernstein analyst John McDonald says that Wells Fargo's "underlying business remains attractive," citing its "industry leading deposit base,diverse portfolio of fee businesses, large branch network" that could be optimized, and its $300B at the Fed that could be deployed as interest rates increase. The analyst says that the company is looking to cut $4B in costs and should benefit from higher rates. He thinks that its valuation can "rise over time."
06/09/17
RBCM
06/09/17
NO CHANGE
RBCM
House financial reform bill unlikely to advance in Senate, says RBC Capital
RBC Capital analyst Gerard Cassidy says that the financial regulation reform bill passed yesterday by the House would help the banking sector but probably won;t be passed by the Senate. Large publicly traded banks include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).

TODAY'S FREE FLY STORIES

AVX

AVX

$19.50

-0.13 (-0.66%)

08:32
10/20/17
10/20
08:32
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08:32
Hot Stocks
AVX raises quarterly dividend to 11.5c per share »

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  • 25

    Oct

SKX

Skechers

$24.03

-1.06 (-4.22%)

08:31
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Skechers rating change  »

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VST

Vistra Energy

$18.83

0.13 (0.70%)

08:30
10/20/17
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Initiation
Vistra Energy initiated  »

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  • 03

    Nov

GE

General Electric

$23.58

0.46 (1.99%)

08:30
10/20/17
10/20
08:30
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08:30
Hot Stocks
General Electric reports Q3 Power revenue $8.68B »

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LDR

Landauer

08:30
10/20/17
10/20
08:30
10/20/17
08:30
Options
One option delisting on October 20th »

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ALL

Allstate

$92.73

1.48 (1.62%)

08:29
10/20/17
10/20
08:29
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08:29
Hot Stocks
Allstate announces expansion of ride-hailing coverage »

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  • 29

    Nov

HUBG

Hub Group

$39.50

0.35 (0.89%)

08:29
10/20/17
10/20
08:29
10/20/17
08:29
Initiation
Hub Group initiated  »

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  • 26

    Oct

TEAM

Atlassian

08:29
10/20/17
10/20
08:29
10/20/17
08:29
Recommendations
Atlassian analyst commentary  »

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GPC

Genuine Parts

$89.71

-8.33 (-8.50%)

08:27
10/20/17
10/20
08:27
10/20/17
08:27
Recommendations
Genuine Parts analyst commentary  »

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  • 30

    Oct

BOJA

Bojangles

$12.50

0.1 (0.81%)

08:26
10/20/17
10/20
08:26
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08:26
Downgrade
Bojangles rating change  »

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  • 01

    Nov

TEAM

Atlassian

$40.25

0.44 (1.11%)

08:25
10/20/17
10/20
08:25
10/20/17
08:25
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Atlassian analyst commentary  »

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AGN

Allergan

$189.27

2.12 (1.13%)

08:25
10/20/17
10/20
08:25
10/20/17
08:25
Recommendations
Allergan analyst commentary  »

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  • 20

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  • 06

    Nov

08:25
10/20/17
10/20
08:25
10/20/17
08:25
General news
Fed funds futures are lower as safe haven flows unwind as risk appetite jumps »

Fed funds futures are…

WBC

Wabco

$155.08

6.01 (4.03%)

08:23
10/20/17
10/20
08:23
10/20/17
08:23
Recommendations
Wabco analyst commentary  »

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UAL

United Continental

$59.78

-8.21 (-12.08%)

08:22
10/20/17
10/20
08:22
10/20/17
08:22
Recommendations
United Continental analyst commentary  »

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ENBL

Enable Midstream

$15.60

0.06 (0.39%)

08:22
10/20/17
10/20
08:22
10/20/17
08:22
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Enable Midstream rating change  »

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  • 01

    Nov

$DJT

DJ Transportation Average

08:22
10/20/17
10/20
08:22
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08:22
Technical Analysis
DJ Transportation Average: Pivot points »

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$DJU

DJ Utility Average

08:21
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10/20
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Technical Analysis
DJ Utility Average: Pivot points »

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DJX

Dow Jones Industrial Average

08:21
10/20/17
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Technical Analysis
Dow Jones Industrial Average: Pivot points »

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IYT

iShares Transportation Average

$177.87

-0.23 (-0.13%)

08:21
10/20/17
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Technical Analysis
iShares Transportation Average: Pivot points »

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XLK

Technology Select Sector SPDR

$60.69

-0.18 (-0.30%)

08:20
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Technical Analysis
Technology Select Sector SPDR: Pivot points »

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XLE

Energy Select Sector SPDR

$67.64

-0.21 (-0.31%)

08:20
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Technical Analysis
Energy Select Sector SPDR: Pivot points »

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XLY

Consumer Discretionary Sector SPDR

08:20
10/20/17
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Technical Analysis
Consumer Discretionary Sector SPDR: Pivot points »

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08:20
10/20/17
10/20
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General news
Canada CPI preview »

Canada CPI preview:…

XLB

S&P Select Materials SPDR

$58.24

0.22 (0.38%)

08:19
10/20/17
10/20
08:19
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08:19
Technical Analysis
S&P Select Materials SPDR: Pivot points »

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