These Analysts Revise Their Forecasts On Wells Fargo Following Q4 Earnings
I'm PortAI, I can summarize articles.
Wells Fargo & Company (NYSE:WFC) reported stronger-than-expected Q4 earnings, with net income of $5.4 billion, or $1.62 per diluted share, surpassing last year's $5.1 billion. Adjusted earnings of $1.76 beat the consensus of $1.67, while revenue rose 4% to $21.3 billion. Analysts revised their price targets post-earnings: Truist's John McDonald lowered his target from $104 to $100, Argus's Stephen Biggar raised his from $94 to $101, and Evercore's John Pancari lowered his from $110 to $105. Wells Fargo shares fell 0.3% to $88.95.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments