Market Overview

Vetr Crowd Upgrades Well Fargo To 3.5-Stars

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Shares of Wells Fargo & Co (NYSE: WFC) 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.

Related Link: 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 rates JPMorgan Chase & Co. (NYSE: JPM)'s stock with four-stars and the crowd-sourced price target of $72.52 implies an upside of more than 11 percent.

Posted-In: Large Cap Banks Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General

 

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