Credit Agricole Upgrades Wells Fargo (WFC) from Underperform to Outperform

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July 19, 2011 2:49 PM EDT
Get Alerts WFC Hot Sheet
Price: $86.91 +1.58%

Rating Summary:
    28 Buy, 20 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 19 | New: 38
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Credit Agricole upgraded shares of Wells Fargo (NYSE: WFC) by two notches from Underperform to Outperform Tuesday. The firm boosted its price target on the stock from $29 to $33.

The raised investment rating follows Q2 results from Wells Fargo this morning.

The stock last traded at $28.48, up 5.9 percent from Monday's closing price.

For more ratings news on Wells Fargo click here and for the rating history of Wells Fargo click here.

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