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Wells Fargo (WFC) Receives a Buy from Barclays

Tipranks - Tipranks - Fri Jun 26, 3:32AM CDT

In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Wells Fargo, with a price target of $108.00.

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According to TipRanks, Goldberg is a 5-star analyst with an average return of 14.7% and a 70.02% success rate. Goldberg covers the Financial sector, focusing on stocks such as Citigroup, Truist Financial, and KeyCorp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wells Fargo with a $95.46 average price target.

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Based on Wells Fargo’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $31.8 billion and a net profit of $5.29 billion. In comparison, last year the company earned a revenue of $29.63 billion and had a net profit of $4.89 billion

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