Vetr Crowd Upgrades Well Fargo To 3.5-Stars
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.
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.
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