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Wells Fargo
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Wells Fargo raised its price target for SanDisk (SNDK.O) from $1,250 to $1,620.
Svmuu News: Wells Fargo raises SanDisk (SNDK.O) target price from $1,250 to $1,620. (Jin Shi)
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"White-Haired Stock Guru" Serenity Agrees with Wells Fargo's View; Meta's Sale of Excess Computing Power Signals Strong AI Demand
Svmuu News: "White-Haired Stock Guru" Serenity posted on X expressing agreement with Wells Fargo’s view that the market has completely misinterpreted Meta’s statement regarding the sale of excess comp
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Wells Fargo Investment Institute downgrades tech sector to "neutral" citing growth risks.
Wells Fargo Investment Institute downgraded the technology sector from "favorable" to "neutral," citing elevated market expectations and rising debt levels. This marks the second downgrade for tech st
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Wells Fargo Raises 2027 Oil Targets, Citing Supply Risks and Need to Rebuild Inventories
Wells Fargo raised its 2027 WTI oil target to $75-$85 and Brent to $80-$90 per barrel. The firm cited persistent supply risks and the need to rebuild depleted inventories, expecting oil prices to ease
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Rising Bond Yields Fuel Stock Allocation Reset, Wells Fargo Says
Strategists at Wells Fargo say that for years, US stocks have faced relatively weak competition from bonds or Treasuries in investor portfolios, but that period looks like it’s headed for a fast, and
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Polymarket wagers on bank failures, including Wells Fargo, JPMorgan, and Bank of America, draw FDIC scrutiny
Polymarket's bets on the likelihood of major banks like Wells Fargo & Co., JPMorgan Chase & Co., and Bank of America Corp. failing are reportedly drawing scrutiny from officials in Washington, accordi
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Wells Fargo Names COO Scott Powell as Next Chief Risk Officer; Powell to Succeed Retiring Derek Flowers in January
Wells Fargo Names COO Scott Powell as Next Chief Risk Officer; Powell to Succeed Retiring Derek Flowers in January
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Wells Fargo raises Meta's price target
Wells Fargo has significantly raised its price target for Meta, with stocks generally expected to open strongly on Monday.
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Wells Fargo cut Carnival Cruise Line's price target to $36, citing pricing pressure in the Caribbean; Norwegian Cruise Line stock fell 3%, while Carnival Cruise Line and Royal Caribbean Cruises also declined.
Wells Fargo cut its price target for Carnival Cruise Line (CCL) to $36, citing pricing pressure in the Caribbean. Following this, Norwegian Cruise Line (NCLH) shares fell 3% to $14.28, a larger drop t
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Wells Fargo Expects ~$50B Full-Year Net Interest Income, Plans Tokenized Deposit Product Next Week After Asset Cap Lift
Wells Fargo's CFO Mike Santomassimo stated that consumer spending, credit quality, and business activity remain healthy, with growth emerging across various banking segments following the removal of i
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Wells Fargo cuts its S&P 500 year-end target to 7,700 from 7,950
The S&P 500 index closed Monday just below 7,620, up 11% on the year.
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Wells Fargo Analyst Steven Cahall: SpaceX Wireless to Disrupt Carriers, Tower REITs Like Crown Castle to "Quietly" Profit
Wells Fargo analyst Steven Cahall stated on September 8 that SpaceX's (NASDAQ:SPCX) wireless push, leveraging its satellite-plus-spectrum architecture, will require less ground infrastructure than tra
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BWX Technologies (BWXT) reported Q2 revenue of $901.6 million, raising its full-year revenue guidance to $3.8 billion, with commercial operations revenue up 72% year-over-year.
BWX Technologies (NYSE:BWXT) reported second-quarter 2026 revenue of $901.6 million, up from $764 million in the same period last year. Adjusted earnings per share were $1.07, compared to $1.02 in the
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Wells Fargo Analysts Join JPMorgan Traders in Turning Cautious on US Stocks
Wells Fargo & Co. is the second bank this week to express caution on US stocks, as the market approaches what is historically the worst month for equities and upcoming midterm elections add to uncerta
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Wells Fargo and Barclays Provided £85 Million to Headlam Group Months Before Its Collapse
The British flooring distributor Headlam Group Plc appointed insolvency officials just months after receiving as much as £85 million ($115 million) in funding from Wells Fargo & Co. and Barclays Plc.
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Wells Fargo Analyst Warns Steel Rally May Be Near Its Peak
Wells Fargo Equity Research Analyst Timna Tanners cautioned that the steel rally could be nearing its peak. She warned that high prices might attract increased imports and face pressure from new domes
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PG&E shares continued to fall on Monday after California lawmakers proposed a wildfire liability bill and at least three research firms downgraded the stock.
PG&E shares continued to fall on Monday after California lawmakers introduced a bill aimed at updating the state's wildfire response but not shifting liability away from investor-owned utilities. At l
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Wells Fargo analysts expect JPMorgan Chase's market capitalization to reach $1 trillion, and potentially increase to $2 trillion within 7-8 years.
JPMorgan Chase is poised to become the first bank to reach a $1 trillion market capitalization, with its value potentially increasing to $2 trillion within the next seven to eight years, said Wells Fa
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Wells Fargo economist Sarah House said that despite rising interest rates, the U.S. economy can maintain growth, and expects the Federal Reserve's Kevin Warsh to focus on long-term issues rather than interest rate movements at the Jackson Hole meeting.
Wells Fargo economist Sarah House says the U.S. economy can continue to grow despite rising interest rates. She expects Federal Reserve Chair Kevin Warsh will likely use the Jackson Hole meeting to fo
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Wells Fargo Investment Institute reverses forecast, now expects the Fed to hike rates by 25 bps in 2026 and another 25 bps in 2027, taking the federal funds rate to 4.00%–4.25%.
Wells Fargo Investment Institute reverses forecast, now expects the Fed to hike rates by 25 bps in 2026 and another 25 bps in 2027, taking the federal funds rate to 4.00%–4.25%.
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Wells Fargo Raises Dell (DELL) Price Target to $545 From $505, Reiterates Overweight Rating After Breakout
Wells Fargo Raises Dell (DELL) Price Target to $545 From $505, Reiterates Overweight Rating After Breakout
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Wells Fargo advised investors to hedge before the release of the July Consumer Price Index (CPI), as its sentiment indicator reached 1.4 in August, the highest "sell" signal in eight years.
Wells Fargo advised investors to hedge before the release of the July Consumer Price Index (CPI), as its sentiment indicator reached 1.4 in August, the highest "sell" signal in eight years.
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Wells Fargo CEO Charlie Scharf states AI will eliminate tens of thousands of jobs at the bank, but remains optimistic about consumer strength
Scharf noted that while the bank's headcount has already decreased by 79,000 since he joined due to restructuring, AI automation will lead to a separate wave of significant job reductions. Despite thi
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Wells Fargo Says AI Spending Is 'Trickling Down' to Broader Economy, Poised to Push Up Industrial Stocks
Wells Fargo & Co. states that the substantial AI spending by big tech companies is “trickling down to the broader economy,” a trend it believes is set to boost industrial stocks.
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Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients, leveraging blockchain for faster, more efficient payments and transfers
Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients, leveraging blockchain for faster, more efficient payments and transfers
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Cathie Wood's Ark Innovation ETF Sells $5.5 Million in Snowflake (SNOW) Shares After Recent Surge
Cathie Wood's Ark Innovation ETF (ARKK) sold 18,855 shares of cloud software company Snowflake Inc (SNOW) on July 31, valued at approximately $5.5 million. This move comes after Snowflake stock surged
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Wells Fargo
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