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Vetr Crowd Downgrades Wells Fargo

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The Vetr community on Thursday downgraded Wells Fargo & Co (NYSE: WFC) from 2 stars (Sell) to 1.5 stars (Strong Sell). Crowd confidence was Bearish, with 57.1 percent of the Vetr community giving the stock a Sell rating, 28.6 percent a Hold and only 14.3 percent a Buy.

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This crowd downgrade came as share price in Wells Fargo dropped 0.4 percent to $62.86. The Vetr community and analysts alike remained bearish, with Vetr users setting a $55.47 target price and analysts setting target prices within the $50-$60 range.

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings General

 

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