Rafferty Capital downgraded Wells Fargo & Company WFC from Buy to Hold.
The target price for Wells Fargo & Company is set to $57.85.
Wells Fargo & Company shares have surged 14.90% over the past 52 weeks, while the S&P 500 index has gained 16.67% in the same period.
Wells Fargo & Company's shares fell 0.35% to $51.10 in pre-market trading.
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