Baird Upgrades Wells Fargo (WFC) to Outperform
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Morgan Stanley Sees Opportunity in Wells Fargo (WFC) and Raises Rating to 'Overweight'
September 20, 2016 6:44 AM EDT(Updated - September 20, 2016 9:39 AM EDT)
Morgan Stanley upgraded Wells Fargo (NYSE: WFC) from Equalweight to Overweight with a price target of $53.00 (from $56.00), implying upside of 15%. Analyst Betsy L. Graseck warned that headline risk could continue, but she sees value and said shares are "rarely this inexpensive."
"Wells' stock is down... More
