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The Latest Breaking News from Wells Fargo

Why Wells Fargo Shares Are Getting Hammered Today

Wells Fargo & Co (NYSE: WFC) shares are trading lower by 5.50% at $40.33. Shares of several banks and financial services companies are trading lower amid overall market weakness after CPI data showed prices rose in May.

Benzinga

Looking At Wells Fargo's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 19 strange trades.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 9, 2022

Upgrades

Benzinga

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Deal delays cause drop in sales at global security pass specialist Intercede, but outlook ‘positive’

Clients have included the US Department of Homeland Security, Boeing, Wells Fargo, Deutsche Telekom and Airbus

Birmingham Post

Wells Fargo Maintains Underweight Rating for Bed Bath & Beyond: Here's What You Need To Know

Wells Fargo has decided to maintain its Underweight rating of Bed Bath & Beyond (NASDAQ:BBBY) and lower its price target from $10.00 to $5.00. Shares of Bed Bath & Beyond are trading down 1.66% over the last 24 hours, at $8.28 per share.

Benzinga

Here's Why This Analyst Found MongoDB Well-Positioned For Further Share Gains

The financial analyst day, product sessions, and customer discussions at MongoDB, Inc (NASDAQ:MDB) World in New York increased confidence in Piper Sandler analyst Brent A. Bracelin. Bracelin found MDB well-positioned for further share gains within the $78 billion+ database management systems market. The combination of new product enhancements, including Atlas Serverless, Relational Migrator tool, and…

Benzinga

10 Biggest Price Target Changes For Wednesday

Wells Fargo cut Lowe's Companies, Inc. (NYSE: LOW) price target from $260 to $240. Lowe's shares fell 0.7% to $194.36 in pre-market trading.

Benzinga

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7 Coupa Software Analysts React To Q1 Earnings Beat: 'Lots Of Noise Around Billings'

Coupa Software Inc (NASDAQ: COUP) shares traded higher by 1.8% on Tuesday after the company reported strong earnings numbers and record subscription revenues in the first quarter.

Benzinga

Why This Lear Corporation Analyst Is Bullish On Recovery Tailwinds, EV Growth

Lear Corporation (NYSE: LEA) stock has lost 13% year-to-date and is now trading at a 17% discount to its 10-year average, which makes the valuation compelling, according to Wells Fargo.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 7, 2022

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Benzinga

Here's Why Wells Fargo Suggested Buying AMD Shares Before Analyst Day

Wells Fargo analyst Aaron Rakers recommended buying shares of Advanced Micro Devices, Inc (NASDAQ: AMD) ahead of this week's Analyst Day.

Benzinga

5 CrowdStrike Analysts React To Q1 Earnings Beat, Guidance Hike, Potential Hiring Ramp

CrowdStrike Holdings Inc (NASDAQ: CRWD) shares traded down by 6.2% on Friday after the company reported a first-quarter earnings beat and raised its full-year guidance.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 2, 2022

Benzinga

Wells Fargo employees pushing to organize union across bank’s workforce

Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations

The Guardian - US

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Benzinga

What Are Whales Doing With Wells Fargo

A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 11 strange trades.

Benzinga

9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

Benzinga

CNBC's Final Trades: Wells Fargo, Paramount Global, Archer-Daniels-Midland And This 'Dividend Aristocrat'

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Wells Fargo & Co (NYSE: WFC) “trades at 1x book and yields about 2%.”

Benzinga

Senator Sherrod Brown Asks Wells Fargo To Right Past Wrongs

Sen. Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has asked Wells Fargo & Co (NYSE:WFC) to stop its mismanagement practices. In an open letter to CEO Charles Scharf, the senator urged the company to right past wrongs. "Recent revelations of racial disparities in mortgage lending, fake…

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Benzinga

Wells Fargo Evaluates 4 Energy Stocks: 2 Upgrades And 2 Downgrades

The inflationary environment is a “net positive” for midstream performance and midstream companies, which are likely to benefit from continued strong demand, tight supplies, higher pricing, wider margins, and growing volumes, according to Wells Fargo. Magellan Midstream Partners

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 31, 2022

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Tribune News Service

US banks move billions for fugitives, corrupt foreign officials and criminal groups

During his rise as one of Russia's richest oligarchs, Roman Abramovich poured much of his wealth into the west, amassing luxury homes, multimillion-dollar paintings, private jets and thoroughbreds.

The Independent UK

FBI records on search for fabled gold raise more questions

A scientific analysis commissioned by the FBI shortly before agents went digging for buried treasure suggests that a huge quantity of gold was below the surface of a rural site in western Pennsylvania

Investors Business Daily

The Federal Reserve's 'Most Anticipated' Recession In History May Be Coming

Fed chief Jerome Powell is warning that the U.S. economy may face a period of "pain" as unemployment rise to control inflation. Is a recession inevitable?

Benzinga

4 Urban Outfitters Analysts React To Q1 Earnings Miss, Rising Costs, Growing Inventory

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2022

Upgrades Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

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