Argus Upgrades Wells Fargo, Citigroup

On Thursday, Argus Research analysts upgraded two financial stocks:

Wells Fargo & Co WFC upgraded from Sell to Buy; $54.00 price target.
Citigroup Inc C upgraded from Sell to Hold.

Shares of Wells Fargo recently traded at $48.50, up 1.3 percent; Shares are up 7 percent year to date.

Citigroup shares traded recently at $49.92, up 0.5 percent; Shares are up down 4.3 percent year to date.