S&P Revises Wells Fargo (WFC) Outlook to 'Negative'

Go back to S&P Revises Wells Fargo (WFC) Outlook to 'Negative'

FBR Capital Downgrades Wells Fargo (WFC) to Market Perform

October 19, 2016 5:57 AM EDT

FBR Capital downgraded Wells Fargo (NYSE: WFC) from Outperform to Market Perform with a price target of $45.00 (from $50.00).

Analyst Paul Miller commented, "We are downgrading Wells Fargo to Market Perform from Outperform and lowering our price target to $45 from $50, as we believe... More