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The Latest Breaking News from Wells Fargo

Wells Fargo Sees 54% Downside In REE Automotive - Read Why

Wells Fargo analyst Colin Langan initiated coverage of REE Automotive Ltd (NASDAQ:REE) with an Underweight rating and $1 price target, implying a 54.55% downside. Langan said the total fetchable market by 2030 was much smaller than the company’s estimate of $700 billion. The analysts also added that REE will burn through half of its cash…

Benzinga

Wells Fargo Upgrades Werner Enterprises, Bumps Up Price Target By 21%

Wells Fargo analyst Allison Poliniak-Cusic upgraded ratings on Werner Enterprises, Inc. (NASDAQ: WERN) to Equal Weight from Underweight and raised the price target to $46 (an upside of 9%), from $38. After meeting with Werner's senior leadership team, the analyst revealed a great belief in the business portfolio. The analyst believes Werner should continue to reflect…

Benzinga

Better Buy for 2022: Bank of America vs. Wells Fargo

In this article I'll analyze and compare Bank of America (BAC) and Wells Fargo (WFC) to determine which stock is currently a better buy.

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Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2022

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‘This is not fair’: Wendy Williams begs bank to ‘let me have access to my money’

Wells Fargo claimed in February that presenter was an ‘incapacitated person’ and needed a guardian

The Independent UK

What Are Whales Doing With Wells Fargo

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

Dow Jones Rallies 200 Points But Still Faces This Key Test; Time To Buy Apple Stock?

The Dow Jones rose Tuesday but lagged the Nasdaq and S&P 500 indexes as Wall Street looked past another jump in interest rates.

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Pete Najarian Prefers These Bank Stocks, Buys Calls

The Financial Select Sector SPDR Fund (ARCA: XLF) was featured as the call of the day Tuesday on CNBC's "Fast Money Halftime Report."

Benzinga

5 Nike Analysts Praise Q3 Earnings Beat, Booming North American Sales Growth

Nike Inc (NYSE: NKE) shares gained 4.3% on Tuesday after the company reported a fiscal third-quarter earnings beat, driven by strong North American demand in an uncertain international market.

Benzinga

Why Wells Fargo And Bank Of America Shares Are Rising Today

Shares of banks and financial services companies, including Wells Fargo & Company (NYSE: WFC) and Bank of America Corporation (NYSE: BAC), are trading higher amid a rise in yields.

Benzinga

10 Biggest Price Target Changes For Monday

Wells Fargo cut the price target on Gilead Sciences, Inc. (NASDAQ: GILD) from $70 to $63. Gilead Sciences shares rose 0.4% to $59.91 in pre-market trading.

Benzinga

Wells Fargo sued by Black borrower for refinance ‘redlining’

Wells Fargo & Co. was sued for discriminating against Black homeowners by relying on a modernized version of “redlining” that allegedly denied them lower interest rates through refinancing and forced them to pay more for loans.

Tribune News Service

What Are Whales Doing With Wells Fargo

Benzinga

Wells Fargo Whale Trades For March 16

Benzinga

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10 Biggest Price Target Changes For Tuesday

Wells Fargo cut the price target on Coupa Software Incorporated (NYSE: LPI) from $190 to $80. Laredo Petroleum shares fell 29.8% to $63.10 in pre-market trading.

Benzinga

Why Wells Fargo Is Turning Bearish On Southwestern Energy

It may take time for investors to appreciate the benefits of Southwestern Energy Company’s (NYSE: SWN) initiatives over the past year, as the current focus is on debt reduction, according to Wells Fargo.

Benzinga

Wells Fargo Initiates Coverage On Several Machinery Related Stocks

Wells Fargo analyst Seth Weber initiated coverage on several Machinery related stocks.

Benzinga

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

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Why Wells Fargo Is Turning Bullish On Arista Networks, Neutral On Cisco

The shift back from value to growth investments and fundamental upside potential make shares of Arista Networks Inc (NYSE: ANET) more attractive than Cisco Systems Inc (NASDAQ: CSCO), according to Wells Fargo.

Benzinga

Wells Fargo Bumps Up Fastenal Price Target By 16%

Wells Fargo analyst Michael McGinn upgraded Fastenal Company (NASDAQ: FAST) to Equal Weight from Underweight and raised the price target to $58 (an upside of 5.5%), from $50.

Benzinga

Wells Fargo Analyst Sees Additional Upside In These 2 Defense Stocks

Over the last week, the United States and its NATO allies supplied Ukraine with 17,000 anti-tank missiles in the wake of the Russian invasion.

Benzinga

Wells Fargo Raises Price Target On Several Aerospace & Defense Companies

Wells Fargo analyst Matthew Akers raises the price target of four Aerospace & Defense companies. The analyst believes the valuation is likely to remain high on elevated tensions for some time to come.

Benzinga

Here's How Analysts View Marvell Post Q4

Most analysts slashed their price targets on Marvell Technology Inc (NASDAQ:MRVL) post Q4 results. Wells Fargo analyst Gary Mobley lowered the price target to $70 from $80 (7.5% upside) and maintained an Equal-Weight following the "respectable" beat and raise quarter. Considering the upbeat results and the pullback in the equity markets & chip sector, Mobley says…

Benzinga

Check Out What Whales Are Doing With WFC

Investors Business Daily

This Mutual Fund Defies Market Slump With Savvy Stock Mix

These days, most U.S. diversified stock mutual funds are lagging the broad market in the form of the S&P 500. GMO Quality IV Fund, one of the best mutual funds, is an exception.

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