Wells Fargo beats profit expectations on reserve release boost

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Go back to Wells Fargo beats profit expectations on reserve release boost

Wells Fargo (WFC) PT Raised to $45 at BMO Capital

October 18, 2021 8:53 AM EDT

BMO Capital analyst James Fotheringham raised the price target on Wells Fargo (NYSE: WFC) to $45.00 (from $44.00) while maintaining a Market Perform rating.

The analyst commented, "Despite WFC's 3Q21 core miss, we raise our forward estimates by up to 4% (lower expected core credit... More