Wells Fargo said on Tuesday a U.S. regulator has terminated a 2022 punishment, bringing it a step closer to having the $1.95 trillion asset cap imposed on the bank removed. The consent order imposed by the U.
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.
RBC Capital Markets adjusted its price target on Wells Fargo & Company (NYSE:WFC), increasing it to $80 from the previous $72, while maintaining a Sector Perform rating on the bank's shares. The revision followed Wells Fargo's report of fourth-quarter earnings that surpassed expectations,
RBC Capital raised the firm’s price target on Wells Fargo (WFC) to $80 from $72 and keeps a Sector Perform rating on the shares as part of its
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."
RBC Capital analyst Rishi Jaluria maintained a Sell rating on Twilio (TWLO – Research Report) today and set a price target of $75.00. The
Derivative Path, Inc., a leading provider of capital markets technology and derivatives execution services, has announced a new partnership with Wells Fargo, to enhance the global payments capabilities available to regional and community banks.
Wells Fargo’s Q4 results were positive, but regulatory issues linger. Find out why WFC stock is fairly valued despite potential growth from regulatory reform.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Shareholders seem to be showing an "embrace of Wells Fargo as more than a remediation story," UBS analyst Erika Najarian told executives on the earnings call. RBC Capital Markets analyst Gerard ...
In a remarkable display of resilience and growth, Wells Fargo (NYSE:WFC) & Co. shares have surged to an all-time high, reaching a price level of $78.14. This milestone underscores a significant period of bullish momentum for the banking giant,
Wells Fargo analyst Zachary Fadem maintained a Hold ... In a report released on January 15, RBC Capital also assigned a Hold rating to the stock with a $200.00 price target. TXRH market cap ...