We’re upgrading our rating on Wells Fargo as the stock’s pullback offers a nice entry point
Summary
Financial analysts have upgraded their rating on Wells Fargo following a recent decline in the company's share price. Despite a mixed performance in the third quarter, expectations for the ongoing corporate turnaround support a positive outlook for future growth.
Wells Fargo's third-quarter results were not perfect, but CEO Charlie Scharf's turnaround should bear more fruit ahead.
Source: Read the full story at US Top News and Analysis
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