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The Latest Breaking News from Wells Fargo

Here's Why Analysts Remained Bullish On Microsoft Despite Price Target Cut

Two analysts remained bullish despite slashing their price targets on Microsoft Corp (NASDAQ:MSFT). Citigroup analyst Tyler Radke maintained Microsoft with a Buy and lowered the price target from $386 to $355 (24.8% upside). Amidst rising investor concerns around the sustainability of robust software demand and valuation multiples, Citi analyst Tyler Radke expects MSFT's results to…

Benzinga

Why This Analyst Believes Biogen Is 'Too Good to Ignore'

Biogen Inc’s (NASDAQ: BIIB) base business seems to be worth more than what the Street estimates, and it is possible that investors are not properly valuing royalty streams coming to the company, which contributes 15% of current revenues and 40% of the valuation, according to Wells Fargo.

Benzinga

Stocks of the Week: Nabors, Warner Bros. Discovery, Interface

Plus: Real Money Columnist Doug Kass's epic rant on bank bulls.

The Street

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Expert Ratings for Wells Fargo

Within the last quarter, Wells Fargo (NYSE:WFC) has observed the following analyst ratings:

Benzinga

Markets Fall To Conclude Holiday-Shortened Week Of Trading

U.S. indices fell Thursday to conclude the holiday-shortened week of trading amid continued concerns over Fed tapering in order to combat inflation. Investors also reacted to earnings from notable banks including Wells Fargo, Citigroup and Goldman Sachs.

Benzinga

Wells Fargo: Q1 Earnings Insights

Wells Fargo (NYSE:WFC) reported its Q1 earnings results on Thursday, April 14, 2022 at 06:48 AM. Here's what investors need to know about the announcement. Earnings Wells Fargo beat estimated earnings by 8.64%, reporting an EPS of $0.88 versus an estimate of $0.81.

Benzinga

Goldman Sachs and Wells Fargo: Buy or Sell After Report? Check Charts.

Goldman Sachs is flat and Wells Fargo is dipping after reporting earnings. Are either one a buy right now?

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Dow Jones Turns Lower; Indexes Slide Amid Earnings From These Banks

The Dow Jones erased early gains while tech stocks led the downside. Investors digested earnings from these bank stocks.

Investors Business Daily

US banks see upheaval from Fed shift, Russia challenging economy

New York (AFP) - Large US banks released a deluge of mixed earnings Thursday, pointing to the continued strength of US households and businesses while warning of rising risks from inflation, geopolitical upheaval and fast-changing monetary policy.

AFP

Citigroup sets aside $1.9 bn for Russia as US banks report mixed results

New York (AFP) - Citigroup said Thursday it set aside $1.9 billion in reserves due to Russia's invasion of Ukraine as large US banks reported mixed results amid a backdrop of geopolitical upheaval and fast-changing monetary policy.

AFP

Why Wells Fargo Shares Are Sliding

Wells Fargo & Co (NYSE: WFC) shares are trading lower Thursday morning after the company announced worse-than-expected top-line results.

Benzinga

Wells Fargo Maintains Overweight Rating for MGM Resorts Intl, Lowers Price Target To $56

Wells Fargo has decided to maintain its Overweight rating of MGM Resorts Intl (NYSE:MGM) and lower its price target from $60.00 to $56.00. Shares of MGM Resorts Intl are trading up 4.92% over the last 24 hours, at $41.49 per share.

Benzinga

Wells Fargo Bumps Up Crown Holdings Price Target By 15%

Wells Fargo analyst Gabe Hajde raised the price target on Crown Holdings, Inc. (NYSE:CCK) to $152 (an upside of 26.6%) from $132 while maintaining an Overweight rating on the shares. The analyst believes that CCK will outperform in 2022, driven by strong operating leverage in the global beverage can operations and potential for better-than-expected profitability…

Benzinga

Earnings Preview: Wells Fargo

Wells Fargo (NYSE:WFC) is set to give its latest quarterly earnings report on Thursday, 2022-04-14. Here's what investors need to know before the announcement. Analysts estimate that Wells Fargo will report an earnings per share (EPS) of $0.81.

Benzinga

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Investors Business Daily

Bank Stocks Mixed As Goldman Earnings, Revenue Fall Less Than Expected

Goldman Sachs reported smaller than expected revenue and earnings declines. JPMorgan reported on Wednesday.

Benzinga

Wells Fargo Whale Trades For April 12

Someone with a lot of money to spend has taken a bearish stance on Wells Fargo (NYSE:WFC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 12, 2022

Upgrades

Benzinga

Thinking About Buying Stock Or Options In Wells Fargo, Taiwan Semiconductor Manufacturing Or Rite Aid?

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers, and following industry trends.

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Los Angeles Times

Workers are suing their bosses to get their work-from-home costs reimbursed

In the more than two years since the pandemic shut down many offices, white-collar employees across the country have been forced to set up desks in cluttered kitchens and cramped bedrooms, reinventing how to work, day in day out, on the fly.

Benzinga

Citigroup Upgrades Rating to Buy for Wells Fargo, Lowers Price Target To $56

Citigroup upgraded its rating of Wells Fargo (NYSE:WFC) to Buy with a price target of $56.00, changing its price target from $58.00 to $56.00. Shares of Wells Fargo are trading up 0.95% over the last 24 hours, at $49.20 per share.

Benzinga

Wells Fargo Upgrades Rating to Overweight for Regions Financial, Raises Price Target To $26

Wells Fargo upgraded its rating of Regions Financial (NYSE:RF) to Overweight with a price target of $26.00, changing its price target from $24.00 to $26.00. Shares of Regions Financial are trading up 1.81% over the last 24 hours, at $21.13 per share.

Investors Business Daily

Techs Lead Stock Market Losses As Nvidia Falls On Downgrade; Elon Musk Walks Away From Twitter Board

The Nasdaq composite, which is more than 50% weighted in techs, slid 1%.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 11, 2022

Upgrades

AFP

US stocks pressured amid interest rate angst as euro gyrates

New York (AFP) - Wall Street stocks mostly fell Friday amid lingering unease over tightening US monetary policy, while the euro gyrated ahead of France's presidential election.

The Street

Walmart, Amazon Make LinkedIn Best Company List

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