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Is Wells Fargo Stock Going to $66? 1 Wall Street Analyst Thinks So
WFCWells Fargo(WFC) The Motley Fool·2024-04-16 14:20

Argus raised its price target on Wells Fargo and maintained a buy rating.First-quarter bank earnings are rolling in, and it's increasingly looking like big banks are coming under pressure from higher interest rates, as they have gradually had to lift interest rates on deposits to stay competitive.In light of those challenges, Wells Fargo (WFC -1.94%) predicted a 7% to 9% decline in net interest income for the year. However, one analyst sees an upside to the stock after a Q1 earnings report that included a s ...