Morgan Stanley upgrades Wells Fargo to Overweight, sets price target at $102
WFC Wells Fargo & Co
$81.44 +1.23%
View chart & analysis → - 1Morgan Stanley upgraded Wells Fargo's investment rating to Overweight and set a price target of $102.
- 2JPMorgan maintained a Neutral rating while announcing a lowered price target of $91.50.
- 3Wells Fargo purchased $3 billion worth of shares last quarter.
So what's the key point?
Morgan Stanley raised its price target for Wells Fargo to $102, expecting the stock to rise. Meanwhile, JPMorgan kept its existing rating but set a lower price target.
Source TIKR +2 · View original ↗
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