News

Wells Fargo's NII is set to come under pressure next year due to a changing inflation/rate trajectory. See why I downgrade WFC stock from hold to sell.
Wells Fargo & Co. said Thursday it expects record first-quarter earnings of $3 billion, easily surpassing analysts' estimates and providing an encouraging sign for the banking industry.
Wells Fargo topped earnings estimates on both the top and the bottom line for the third-quarter: the Wall Street bank earned $1.48 per-share in Q3’23 on revenues of $20.86B.
Wells Fargo & Company (NYSE:WFC) is one of the most undervalued blue chip stocks to buy according to hedge funds. On July 17, ...
The rating agency moved its rating one step lower to Aa2 from Aa1 on Bank of America, JPMorgan Chase, Wells Fargo, and Bank of New York Mellon. It cited a weaker capacity of the U.S. government to ...
Meanwhile, Wells Fargo issued a similar downgrade, moving T-Mobile to "equal weight" from "overweight" and cutting its price target to $220, down from $240.
Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells Fargo , after pushing the U.S. out of top triple-A rating club over ...
Moody’s downgraded to credit rating of Wells Fargo to Aa3 from Aa2 since it last reviewed the servicer rating, due to a reduction in the government support afforded to Wells and other financial ...
It’s a stock picker’s market in the hard-hit world of midsized bank stocks, according to Wells Fargo. Analyst Timur Braziler downgraded four firms to hold-equivalent ratings, saying that he ...
Wells Fargo's fake accounts scandal could take a toll on the bank's important rating under the Community Reinvestment Act, with Reuters reporting that the bank faces a rare double downgrade.