Wells Fargo beats profit estimates on uptick in loan demand, cost cuts

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Wells Fargo (WFC) PT Raised to $65 at Raymond James

January 18, 2022 7:21 AM EST

Raymond James analyst David Long raised the price target on Wells Fargo (NYSE: WFC) to $65.00 (from $58.00) while maintaining an Outperform rating following results on Friday.

The analyst commented, "We reiterate our Outperform rating on WFC shares following its release of 4Q results that included... More