Vetr Crowd Upgrades Wells Fargo

The Vetr community on Monday upgraded Wells Fargo & Company (NYSE: WFC) from 2.5 stars (Sell) to 3 stars (Hold). 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 a Sell.

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At time of publication, Wells Fargo shares were trading at $52.10. The Vetr crowd is slightly bearish on the stock in the long run, with an aggregated price target of $50.44 implying 3.1 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.