Oppenheimer Downgrades Wells Fargo (WFC) to Perform on Valuation

January 14, 2013 7:01 AM EST
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Price: $55.31 --0%

Rating Summary:
    13 Buy, 17 Hold, 8 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 10 | New: 3
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Oppenheimer downgraded Wells Fargo (NYSE: WFC) from Outperform to Perform on valuation, saying they see greater upside in other names including Citigroup, JPMorgan, Morgan Stanley and KKR.

For an analyst ratings summary and ratings history on Wells Fargo click here. For more ratings news on Wells Fargo click here.

Shares of Wells Fargo closed at $35.10 yesterday.

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