Deutsche Bank Upgrades Wells Fargo to Buy, Announces $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matt O'Connor has upgraded Wells Fargo (NYSE:WFC) from Hold to Buy, setting a price target of $65.
September 03, 2024 | 11:13 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Deutsche Bank has upgraded Wells Fargo from Hold to Buy, with a new price target of $65, indicating a positive outlook for the stock.
The upgrade from Hold to Buy by Deutsche Bank suggests increased confidence in Wells Fargo's future performance. The $65 price target indicates potential upside, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100