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Shares of
Wells Fargo & CoWFC have lost nearly 1.5 percent since the start of 2015. Despite the year to date underperformance, the Vetr crowd turned incrementally bullish on the stock.
The Vetr crowd
upgraded their rating on Wells Fargo's stock to 3.5-stars out of a possible 5-stars. Shares of Wells Fargo has risen to $53.79 since the prior rating of 3.0-stars was issued just four days ago.
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Alibaba Upgraded By Vetr Crowd, But 51% Of Users Still Bearish
Meanwhile, 80 percent of the crowd's ratings are bullish and the crowd-sourced price target of $57.01 implies a potential upside of more than 5 percent.
The Vetr crowd's bullish stance on big banks is not unique to Wells Fargo. As an example, the crowd
ratesJPMorgan Chase & Co.JPM's stock with four-stars and the crowd-sourced price target of $72.52 implies an upside of more than 11 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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