The Latest Breaking News from Wells Fargo

Analysts adjusted their price target on Raytheon Technologies Corp (NYSE:RTX), following its mixed Q4 results. Baird analyst Peter Arment raised the price target to $106 from $100 and maintained an Outperform rating on the shares. The analyst said it posted a solid print and outlook with the recovery towards healthy cash generation, aided by the recovery in air travel…

Wells Fargo analyst Edward Kelly downgraded Kroger Co (NYSE:KR) to Underweight from Equal Weight with a $42 price target, implying a 9% downside. The analyst notes the risk/reward for this COVID beneficiary now looks skewed to the downside. While he expects Q4 earnings to exceed consensus once again as Omicron extends what has arguably been…

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 10 strange trades.

Wells Fargo analyst Kate Fitzsimons upgraded Nike Inc (NYSE:NKE) to Overweight from Equal Weight with an unchanged price target of $175, implying a 19.86% upside. Fitzsimons noted the stock's 12% year-to-date decline presents a "rare buying opportunity for this best-in-class global athletic name." The analyst expects accelerating trends for Nike in fiscal 2023, and recent…