
It's rare when one investment bank upgrades another financial institution, and that took place on Monday when Goldman Sachs upgraded Wells Fargo & Co (NYSE:WFC) making it the PreMarket Prep Stock of the Day.
Not A Bad Week: All things considered, Wells Fargo fared better than the S&P 500 index last week. While the index declined by 1.6%, the issue was down fractionally, falling from $40.41 to $40.22.