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The Latest Breaking News from Wells Fargo

Why This Lear Corporation Analyst Is Bullish On Recovery Tailwinds, EV Growth

Lear Corporation (NYSE: LEA) stock has lost 13% year-to-date and is now trading at a 17% discount to its 10-year average, which makes the valuation compelling, according to Wells Fargo.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 7, 2022

Upgrades

Benzinga

Here's Why Wells Fargo Suggested Buying AMD Shares Before Analyst Day

Wells Fargo analyst Aaron Rakers recommended buying shares of Advanced Micro Devices, Inc (NASDAQ: AMD) ahead of this week's Analyst Day.

Benzinga

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5 CrowdStrike Analysts React To Q1 Earnings Beat, Guidance Hike, Potential Hiring Ramp

CrowdStrike Holdings Inc (NASDAQ: CRWD) shares traded down by 6.2% on Friday after the company reported a first-quarter earnings beat and raised its full-year guidance.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For June 2, 2022

Benzinga

Wells Fargo employees pushing to organize union across bank’s workforce

Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations

The Guardian - US

What Are Whales Doing With Wells Fargo

A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 11 strange trades.

Benzinga

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9 Salesforce Analysts React To Q1 Earnings Beat: 'Next Quality Software GARP Stock'

Salesforce Inc (NYSE: CRM) shares jumped Wednesday morning after the company reported first-quarter earnings and raised its profit forecast.

Benzinga

CNBC's Final Trades: Wells Fargo, Paramount Global, Archer-Daniels-Midland And This 'Dividend Aristocrat'

On CNBC’s “Halftime Report Final Trades,” Stephanie Link of Hightower said Wells Fargo & Co (NYSE: WFC) “trades at 1x book and yields about 2%.”

Benzinga

Senator Sherrod Brown Asks Wells Fargo To Right Past Wrongs

Sen. Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has asked Wells Fargo & Co (NYSE:WFC) to stop its mismanagement practices. In an open letter to CEO Charles Scharf, the senator urged the company to right past wrongs. "Recent revelations of racial disparities in mortgage lending, fake…

Benzinga

Wells Fargo Evaluates 4 Energy Stocks: 2 Upgrades And 2 Downgrades

The inflationary environment is a “net positive” for midstream performance and midstream companies, which are likely to benefit from continued strong demand, tight supplies, higher pricing, wider margins, and growing volumes, according to Wells Fargo. Magellan Midstream Partners

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 31, 2022

Upgrades

Benzinga

US banks move billions for fugitives, corrupt foreign officials and criminal groups

During his rise as one of Russia's richest oligarchs, Roman Abramovich poured much of his wealth into the west, amassing luxury homes, multimillion-dollar paintings, private jets and thoroughbreds.

Tribune News Service

FBI records on search for fabled gold raise more questions

A scientific analysis commissioned by the FBI shortly before agents went digging for buried treasure suggests that a huge quantity of gold was below the surface of a rural site in western Pennsylvania

The Independent UK

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Benzinga

4 Urban Outfitters Analysts React To Q1 Earnings Miss, Rising Costs, Growing Inventory

Urban Outfitters, Inc. (NYSE: URBN) shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 25, 2022

Upgrades Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

Benzinga

This Chipmaker Stock Has A Better 5-Year Return Than Bitcoin, Ethereum, Amazon, Apple, Nvidia, Microsoft, Ford And Starbucks

Advanced Micro Devices, Inc.’s (NASDAQ: AMD) high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.

Benzinga

Stripe Resumes Crypto Push Drawing Inspiration From Block, PayPal

Payments company Stripe Inc looks to give customers access to Bitcoin (CRYPTO: BTC)four years after suspending support for the cryptocurrency, Bloomberg reports. Stripe collaborated with crypto startup OpenNode to help its customers to accept Bitcoin payments through a new app. Stripe customers will be able to convert incoming payments and any amount of…

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Benzinga

Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut

Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc (NYSE: WEX), FleetCor Technologies, Inc (NYSE: FLT), Fidelity National Information Service

Benzinga

What Are Whales Doing With Ford Motor

A whale with a lot of money to spend has taken a noticeably bullish stance on Ford Motor. Looking at options history for Ford Motor (NYSE:F) we detected 24 strange trades.

Benzinga

Read How Analyst Reacted To Deere's Q2 Results

Deere & Company (NYSE:DE) reported second-quarter FY22 results on Friday; below are the reactions from the analysts. Wells Fargo analyst Seth Weber lowered the price target for Deere to $410 (an upside of 22%) from $455 while maintaining the Overweight rating on the shares. The analyst understands angst around the rebalance but doesn't…

Benzinga

Check Out What Whales Are Doing With WFC

Someone with a lot of money to spend has taken a bearish stance on Wells Fargo (NYSE:WFC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why Wells Fargo Shares Are Rising Today

Wells Fargo & Co (NYSE: WFC) shares are trading higher by 5.76% at $44.08.

Benzinga

(WFC) - Analyzing Wells Fargo's Short Interest

Wells Fargo's (NYSE:WFC) short percent of float has risen 12.5% since its last report. The company recently reported that it has 34.21 million shares sold short, which is 0.9% of all regular shares that are available for trading.

Benzinga

Valero Energy Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Valero Energy. Looking at options history for Valero Energy (NYSE:VLO) we detected 10 strange trades.

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