This Is What Whales Are Betting On Wells Fargo
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Wells Fargo (NYSE:WFC), with 76% of the investors opening trades with bullish expectations. The whales have been targeting a price range from $37.5 to $50.0 for Wells Fargo over the last 3 months. The price of WFC is up 3.06% at $41.87. RBC Capital, Morgan Stanley, and Citigroup have given price targets of $42, $44, and $50 respectively.
June 29, 2023 | 2:53 pm
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A significant investor has taken a bullish stance on Wells Fargo. The price of WFC is up 3.06% at $41.87. Analysts have given price targets ranging from $42 to $50.
The bullish stance by a significant investor and the upward movement in the stock price indicate positive sentiment towards Wells Fargo. The price targets given by analysts are higher than the current price, suggesting potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100