WFC Earnings: *Fri 11-OCT-2024
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End of day quotes updated Tue Sep 17 15:48 CST
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| 17-Sep-2024 |
54.51 |
+0.72 {+1.3 %} |
V: 15,835,087 |
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| WFC |
17-Sep-2024 |
Close: 54.51 |
+0.72 {+1.3 %} |
Volume: 15,835,087 |
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WFC
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SPY
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1.3
3.3
-6.8
-7.5
13.0
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0.0
0.2
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3.5
19.2
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SPY tracks the S&P 500 index w/dividends.
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15 minute intraday candlestick chart, ~15 minute delay
15 minute intraday candlestick chart, ~15 minute delay
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| * WFC News Summary | 16-Sep-2024 5:53 PM CST : Recent news suggests that Wells Fargo has been facing regulatory challenges and growth uncertainties, leading to a Hold rating from J.P. Morgan analyst Vivek Juneja. Despite this, the company continues to receive positive coverage from various analysts.
In recent days, several reports have highlighted Wells Fargo's efforts to address its anti-money laundering (AML) compliance issues with U.S. bank regulators. The Office of the Comptroller of the Currency (OCC) has entered into a formal agreement with the company as related to its AML and sanctions risk management practices.
Analysts from various firms have maintained their ratings on Wells Fargo, including Seaport Global's James Mitchell who stuck to his Buy rating. Additionally, Dori Kesten from Wells Fargo kept her Hold rating on Apple Hospitality REIT (APLE) despite the company facing regulatory challenges and growth uncertainties.
The news also highlights that several analysts have initiated coverage of various companies with recommendations ranging from Equal-Weight to Overweight. For instance, Fintel reports that on September 12, 2024, Wells Fargo initiated coverage of BlackRock (BLK) with a Overweight recommendation, suggesting an upside potential of 8.18% as of August 25, 2024. | | | * AI generated summary of articles |
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