WELLS FARGO & CO (WFC) Stock News
NYSE:WFC - New York Stock Exchange, Inc. - US9497461015 - Common Stock - Currency: USD
WFC Latest News, Press Relases and Analysis
Stocks Get Hammered as Traders Hit Risk-Off Button | Bloomberg: The Close 02/21/2025
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Darrell Cronk, Wells Fargo, Michael Ha, Baird, Jim Fish, Piper Sandler, Joanne Hsu, University of Michigan, Ed Clissold, Ned Davis Research, Christopher Cain, Bloomberg Intelligence, Hope Harrison, GWU, Ashish Aggarwal, JubileeTV, Detavio Samuels, Revolt CEO, Bailey Lipschultz, Bloomberg News, Duncan Crabtree-Ireland, SAG-AFTRA. (Source: Bloomberg)
Rehling and Duensing on Future of 10-Year Yield
Wells Fargo Head of Global Fixed Income Strategy Brian Rehling and Amundi US Head of Fixed Income Jonathan Duensing give their views on the future of the 10-Year yield with Sonali Basak on “Bloomberg Real Yield.” (Source: Bloomberg)
Bloomberg Real Yield 02/21/2025
Sonali Basak highlights the market-moving news you need to know. Today's guest: Wells Fargo's Head of Global Fixed Income Strategy Brian Rehling, Amundi US Head of Fixed Income Jonathan Duensing, Creditsights Global Head of Credit Strategy Winnie Cisar, and JPMorgan Private Bank Global Credit Strategist Ashley Allen. (Source: Bloomberg)
Mentions: JPM
Why The RealReal (REAL) Stock Is Trading Lower Today
Shares of secondhand luxury marketplace The RealReal (NASDAQ: REAL) fell 17.7% in the afternoon session after the company reported underwhelming fourth-quarter 2024 results: its full-year EBITDA guidance missed significantly, and its number of active buyers fell slightly short of Wall Street's estimates. Revenue grew 14% year on year, fueled by a 12% increase in gross merchandise value (GMV), however, it barely scaled past Wall Street's estimates, evoking no excitement. Despite the growth concer
Mentions: REAL
Wells Fargo Stock Surges 58% in a Year: Time to Buy Now or Wait?
WFC's efforts to reduce costs and progress to fix compliance issues look encouraging. Let us find out whether the stock is worth investing in.
Why The RealReal (REAL) Stock Is Trading Lower Today
Shares of secondhand luxury marketplace The RealReal (NASDAQ: REAL) fell 17.7% in the afternoon session after the company reported underwhelming fourth-quarter 2024 results: its full-year EBITDA guidance missed significantly, and its number of active buyers fell slightly short of Wall Street's estimates. Revenue grew 14% year on year, fueled by a 12% increase in gross merchandise value (GMV), however, it barely scaled past Wall Street's estimates, evoking no excitement. Despite the growth concerns, profits improved. However, it's not clear if the momentum can be sustained as the company guided for full-year 2025 EBITDA between $20 million and $30 million, a shortfall compared to analysts' expectations. First-quarter revenue guidance also suggests a potential slowdown from the strong holiday-driven Q4. While RealReal continues to make progress toward profitability, the weaker revenue outlook and slightly disappointing buyer growth raise questions.
Mentions: REAL
Rivian downgraded, Unity upgraded: Wall Street's top analyst calls
Rivian downgraded, Unity upgraded: Wall Street's top analyst calls
Jim Cramer's top 10 things to watch in the stock market Friday
Nvidia's Jensen Huang addresses DeepSeek, and Celsius stock surges.
Daily Digest: Mayor Lurie takes on permitting, Wells Fargo clears another consent order
Wells upgrades Stagwell to Overweight on 2025 growth acceleration
Wells Fargo upgraded Stagwell (STGW) to Overweight from Equal Weight with a price target of $9, up from $8. The firm has increased confidence th...
Targa Resources price target raised to $220 from $204 at Wells Fargo
Wells Fargo analyst Michael Blum raised the firm’s price target on Targa Resources (TRGP) to $220 from $204 and keeps an Overweight rating on th...
SolarEdge price target raised to $20 from $15 at Wells Fargo
Wells Fargo raised the firm’s price target on SolarEdge (SEDG) to $20 from $15 and keeps an Equal Weight rating on the shares. The firm cites a ...
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Wells Fargo Taps JPMorgan’s Rapkin to Co-Head Health Banking
Wells Fargo & Co. has hired longtime JPMorgan Chase & Co. banker Cory Rapkin as co-head of its health-care investment banking team, according to a person familiar with the matter.
Mentions: JPM
Walmart issues modest full-year earnings outlook despite strong Q4
The company is cautiously optimistic about its outlook, but Chief Financial Officer John David Rainey said there is uncertainty around consumer behavior and, more broadly, global economic and geopolitical considerations.
Mentions: WMT
Wix.com price target lowered to $194 from $208 at Wells Fargo
Wells Fargo lowered the firm’s price target on Wix.com (WIX) to $194 from $208 and keeps an Underweight rating on the shares. Prior to the EPS c...
Mike Mayo on Dimon's Succession Plan and Fraser's Success
Citigroup Inc. lifted Chief Executive Officer Jane Fraser’s total compensation to $34.5 million for 2024 — up a third from the previous year — as she continues to drive a plan for higher returns at the Wall Street bank. Among her CEO peers, Fraser’s pay puts her ahead of both Wells Fargo & Co.’s Charles Scharf and Morgan Stanley’s Ted Pick, who received $31.2 million and $34 million, respectively. Both Goldman Sachs Group Inc.’s David Solomon and JPMorgan Chase & Co.’s Jamie Dimon were paid $39 million, while Bank of America’s Brian Moynihan was awarded $35 million. Mike Mayo, Head of US Large-Cap Bank Research at Wells Fargo Securities, examines Dimon's staying power and ultimate succession plan for JPMorgan, as well as Fraser's turnaround success story at Citi. Please note that Wells Fargo Securities, LLC and/or its affiliates, have beneficial ownership of 0.5% or more of any class of the common stock of Citigroup Inc. (Source: Bloomberg)
A 20% S&P 500 'three-peat' is unlikely in 2025, market strategist says
The S&P 500 stock index has returned three consecutive years of 20% gains once in history, analysts said.
Wells Fargo Is A Buy On This Fed Catalyst: Analyst
Wells Fargo may see a big acceleration in growth once the Federal Reserve removes the growth shackles it put on in 2018, providing running room for WFC.
US Homebuilder Sentiment Drops to Five-Month Low on Tariff Costs
Confidence among US homebuilders dropped in February to the lowest since before President Donald Trump took office as high mortgage rates and concern over tariffs sapped much of initial optimism for the new presidential administration.
Host Hotels price target lowered to $20 from $22 at Wells Fargo
Wells Fargo lowered the firm’s price target on Host Hotels (HST) to $20 from $22 and keeps an Overweight rating on the shares. Ahead of Q4 earni...
Trump's Tax Cut Could Add $4.6 Trillion To Deficit, With $48 Billion Tax Relief For Top 100 Firms: Robert Reich
Robert Reich has termed Donald Trump's taxation policies as an "absolutely shameless giveaway," that could shoot up deficit to $4.6 trillion.
Support for ESG proposals at record low driven by US investors, report shows
Report highlights ‘worrying retreat’ in support for shareholder resolutions on environmental and social risks
Wells Fargo's 2018 Compliance Consent Order by OCC Terminated
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been closed by regulators since 2019.
Why Roku (ROKU) Stock Is Trading Up Today
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 15.7% in the pre-market session after the company reported strong fourth-quarter 2024 results that easily cleared analysts' sales, EBITDA, and earnings expectations. Revenue grew 22% year on year, driven by a 25% increase in platform revenue, which benefited from higher advertising demand, including political ad spending, and deeper third-party platform integrations.
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Why Roku (ROKU) Stock Is Trading Up Today
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 15.7% in the pre-market session after the company reported strong fourth-quarter 2024 results that easily cleared analysts' sales, EBITDA, and earnings expectations. Revenue grew 22% year on year, driven by a 25% increase in platform revenue, which benefited from higher advertising demand, including political ad spending, and deeper third-party platform integrations.
Mentions: ROKU
Wells Fargo gets another win, plus what's fueled 2 tech giants to big weeks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Wells Fargo sees six key opportunities for fixed-income investors
Wells Fargo says investors should remain active and implement defensive and growth-oriented fixed-income strategies concurrently.
Wells Fargo sheds fourth consent order in a month
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been terminated. The six-year-old order was related to the bank's risk compliance management and certain loan practices.
AMD downgraded, Roku upgraded: Wall Street's top analyst calls
AMD downgraded, Roku upgraded: Wall Street's top analyst calls
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
This dental aligner stock is poised to jump more than 20%, Wells Fargo says
An improving market backdrop could send shares of Align Technology higher, according to Wells Fargo.
