Market Overview

Vetr Crowd Downgrades Wells Fargo

Share:

The Vetr community on Monday downgraded Wells Fargo & Company (NYSE: WFC) from 3 stars (Hold) to 2.5 stars (Sell). The Vetr crowd’s outlook on Wells Fargo is mixed, with 57.1 percent of users giving the stock a Buy rating and 42.9 percent a Sell.

See how crowdsourced ratings could help you time the market

At time of publication, Wells Fargo shares were trading down 0.8 percent at $51.90. The Vetr crowd is bearish on the stock in the long run, with an aggregated price target of $50.44 implying 3.9 percent downside.

This contrasted with analyst outlook, which was bullish. Among analysts, the 12-month consensus price target on the stock is at $64.50, implying a strong upside.

 

Related Articles (WFC)

View Comments and Join the Discussion!

Posted-In: VetrDowngrades Crowdsourcing Analyst Ratings General

Latest Ratings

StockFirmActionPT
MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
NVDASusquehannaMaintains625.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com