Wells Fargo Reports $5.8 Billion in Net Income

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Jefferies Maintains Bullish View on Wells Fargo (WFC) Following Mixed Q1

April 15, 2015 8:11 AM EDT

Jefferies analyst Ken Usdin reiterated a Buy rating and $60 price target on Wells Fargo (NYSE: WFC) following Q1 results, noting solid underlying metrics but softer start for NII.

Usdin commented, "While core loan and deposit growth delivered and the GE business adds will... More