Wells Fargo Reports Fourth Quarter 2021 Financial Results

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Wells Fargo (WFC) Appoints Derek Flowers as Chief Risk Officer

January 18, 2022 4:13 PM EST

Wells Fargo (NYSE: WFC) announced today that Derek Flowers has been appointed the companys Chief Risk Officer, effective immediately. Flowers will lead all aspects of Wells Fargos Independent Risk Management function, including compliance risk management. He will continue to serve as a member of the companys Operating Committee.

Derek is a proven leader with extensive experience managing... More

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