Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Wells Fargo analyst Michael Turrin maintains Adobe (NASDAQ:ADBE) with a Overweight and raises the price target from $600 to $625.
Wells Fargo raises Adobe (NASDAQ:ADBE) price target from $600 to $625 Read Post »
Wells Fargo & Company (WFC) could see its headcount reduced further to improve efficiency even as the lender has been cutting jobs since the third quarter of 2020, Chief Financial Officer Mike Santomassimo said on Tuesday. “I’m not suggesting it’s going to be down every quarter forever, right? Like so — but I do think that there’s more to do, and you’ll see that through the headcount number,” said Santomassimo, according to a Capital IQ transcript. “And it really just is business by business, group by group, making sure we come in every day, every quarter and have a plan to continue to incrementally get better and better.”
Wells Fargo CFO Sees More Job Cuts to Improve Efficiency Read Post »
Wells Fargo analyst Gary Mobley maintains Qualcomm (NASDAQ:QCOM) with a Underweight and raises the price target from $95 to $100.
Wells Fargo raises Qualcomm (NASDAQ:QCOM) price target from $95 to $100 Read Post »
Wells Fargo analyst Allison Poliniak maintains FedEx (NYSE:FDX) with a Equal-Weight and raises the price target from $240 to $270.
Wells Fargo raises FedEx (NYSE:FDX) price target from $240 to $270 Read Post »
Wells Fargo analyst Roger Read maintains Phillips 66 (NYSE:PSX) with a Overweight and raises the price target from $130 to $144.
Wells Fargo raises Phillips 66 (NYSE:PSX) price target from $130 to $144 Read Post »
Wells Fargo analyst Roger Read maintains Valero Energy (NYSE:VLO) with a Equal-Weight and raises the price target from $135 to $144.
Wells Fargo raises Valero Energy (NYSE:VLO) price target from $135 to $144 Read Post »
Wells Fargo analyst Roger Read maintains Marathon Petroleum (NYSE:MPC) with a Equal-Weight and raises the price target from $142 to $157.
Wells Fargo raises Marathon Petroleum (NYSE:MPC) price target from $142 to $157 Read Post »
Wells Fargo analyst Zachary Fadem upgrades McDonald’s (NYSE:MCD) from Equal-Weight to Overweight and announces $310 price target.
Wells Fargo announces McDonald’s (NYSE:MCD) $310 price target Read Post »
Wells Fargo analyst Roger Read maintains EOG Resources (NYSE:EOG) with a Overweight and lowers the price target from $154 to $152.
Wells Fargo lowers EOG Resources (NYSE:EOG) price target from $154 to $152 Read Post »
Wells Fargo analyst Roger Read maintains Devon Energy (NYSE:DVN) with a Equal-Weight and lowers the price target from $52 to $51.
Wells Fargo lowers Devon Energy (NYSE:DVN) price target from $52 to $51 Read Post »
Wells Fargo analyst Joe O’Dea upgrades Rockwell Automation (NYSE:ROK) from Underweight to Equal-Weight and raises the price target from $290 to $317.
Wells Fargo raises Rockwell Automation (NYSE:ROK) price target from $290 to $317 Read Post »
Wells Fargo analyst Larry Biegelsen maintains Medtronic (NYSE:MDT) with a Overweight and raises the price target from $100 to $102.
Wells Fargo raises Medtronic (NYSE:MDT) price target from $100 to $102 Read Post »