Check Out What Whales Are Doing With WFC
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bullish stance on Wells Fargo (NYSE:WFC) with significant options trading activity. The sentiment is 66% bullish, with a focus on a price range of $50 to $67.5. Morgan Stanley maintains an Overweight rating with a $68 target.
August 26, 2024 | 2:15 pm
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Wealthy investors are taking a bullish stance on Wells Fargo, with 66% of options trades being calls. The price target is between $50 and $67.5, and Morgan Stanley maintains an Overweight rating with a $68 target.
The significant options trading activity, with a majority being bullish, suggests positive sentiment among wealthy investors. The price target range aligns with Morgan Stanley's Overweight rating, indicating potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100