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The Latest Breaking News from Wells Fargo

Buffett Blasts Wall Street as a Casino; Munger Attacks Robinhood

Wall Street's risky moves has lured investors to gamble its investments, Warren Buffet said.

The Street

Wells Fargo Maintains Overweight Rating for Hub Group: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of Hub Group (NASDAQ:HUBG) and raise its price target from $80.00 to $95.00. Shares of Hub Group are trading up 5.83% over the last 24 hours, at $70.48 per share. A move to $95.00 would account for a 34.79% increase from…

Benzinga

This Is What Whales Are Betting On Blackstone

A whale with a lot of money to spend has taken a noticeably bearish stance on Blackstone. Looking at options history for Blackstone (NYSE:BX) we detected 10 strange trades.

Benzinga

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'Long Road Of Rebuilding Begins': PayPal Analysts React To Mixed Q1 Earnings Report

Shares of PayPal Holdings Inc (NASDAQ: PYPL) gained 11% on Thursday after the company reported a revenue beat but cut its 2022 guidance.

Benzinga

Teladoc Analysts React To Shocking Q1 Losses, Rising BetterHelp Costs

A brutal 12 months for Teladoc Health Inc (NYSE: TDOC) went from bad to much worse on Thursday when the stock dropped another 43% after the company reported much larger-than-expected losses in the first quarter and slashed its 2022 guidance.

Benzinga

Wells Fargo Maintains Equal-Weight Rating for Qualcomm: Here's What You Need To Know

Wells Fargo has decided to maintain its Equal-Weight rating of Qualcomm (NASDAQ:QCOM) and lower its price target from $185.00 to $150.00. Shares of Qualcomm are trading up 6.49% over the last 24 hours, at $143.87 per share.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 28, 2022

Benzinga

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Check Out What Whales Are Doing With WFC

Someone with a lot of money to spend has taken a bullish stance on Wells Fargo (NYSE:WFC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Wells Fargo Maintains Overweight Rating for PNM Resources: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of PNM Resources (NYSE:PNM) and raise its price target from $50.00 to $54.00. Shares of PNM Resources are trading down 0.08% over the last 24 hours, at $47.81 per share.

Benzinga

'Difficult Environment And Tough Comps': Google Analysts React To Disappointing Earnings Report

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers.

Benzinga

6 Microsoft Analysts Praise Q3 Earnings Beat, Azure Acceleration, Office 365 Momentum

Microsoft Corporation (NASDAQ: MSFT) shares traded higher by 7.2% on Wednesday after the company reported an across-the-board earnings beat and demonstrated impressive sales momentum.

Benzinga

Check Out What Whales Are Doing With General Motors

Benzinga's options scanner just detected over 12 options trades for General Motors (NYSE:GM) summing a total amount of $1,885,452. At the same time, our algo caught 2 for a total amount of 1,140,870.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, April 27

Reuters Kellogg Sues British Government Over New Sugar Rules

Benzinga

Read How Analysts Reacted To Kimberly-Clark's Q1 Results

Wells Fargo analyst Chris Carey raised the price target on Kimberly Clark Corp (NYSE:KMB) to $135 from $128 and kept an Equal Weight rating on the shares. The revised price target implies a 5% downside. Chris believes Kimberly-Clark's Q1 results helped overcome the belief that costs would drive earnings cuts. Deutsche Bank analyst Steve Powers raised…

Benzinga

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Benzinga

Wells Fargo Maintains Overweight Rating for Charles River: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of Charles River (NYSE:CRL) and lower its price target from $390.00 to $325.00. Shares of Charles River are trading down 7.96% over the last 24 hours, at $251.29 per share.

Benzinga

Wells Fargo Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 11 strange trades.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 25, 2022

Benzinga

Analysts Think Intuitive Surgical Painted 'Cautious Picture' For Procedure Guidance

Wells Fargo writes that despite the beat in Q1, Intuitive Surgical Inc (NASDAQ:ISRG) sounded cautious on U.S. capital placements, given rising interest rates and inflationary pressure at hospitals. "We think this commentary was partly driven by the need to recalibrate Street models for fewer trade-ins as the number of legacy Si systems declines. Overall,…

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news in one place.

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Benzinga

Here's Why Wells Fargo Sees AMD Trading At Premium To SOX

Wells Fargo acknowledged Advanced Micro Devices Inc (NASDAQ: AMD) shares' underperformance and believes that its ongoing data center momentum should offset tempering PC expectations, creating a favorable risk/reward set-up in its upcoming earnings.

Benzinga

Wells Fargo Shared Its View On Block, Lam Research, Okta

Wells Fargo saw Block Inc (NYSE: SQ) as a unique disruptor within Fintech and looked to sustain share gains by its Square and Cash App businesses over the next two years.

Benzinga

Rosenblatt Did Not See Any Surprise From Seagate, Western Digital - Read Why

Rosenblatt did not expect any surprises from Seagate Technology Holdings PLC (NASDAQ:STX) and Western Digital Corp (NASDAQ:WDC) pre-announcing their March quarter results. The June quarter outlook is a different story. Continued COVID-related shutdowns in China may further delay security system deployments that use HDD storage. June quarter HDD revenue could have some upside if the…

Benzinga

What Does Raymond James, Wells Fargo Have To Say On Abbott's Q1 Earnings

Raymond James thinks Abbott Laboratories' (NYSE: ABT) 1Q results were solid and demonstrated the durable nature of ABT's portfolio, as three out of four business segments grew over 10% organically, with Nutrition growing 8%

Benzinga

Wells Fargo Take on Apple, Qualcomm, MaxLinear Ahead Of Quarterly Earnings

Wells Fargo shared its views on three tech companies ahead of their quarterly earnings.

Benzinga

Analysts Bump Up Lockheed Martin Price Target Post Q1 Results

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

Benzinga

Check Out What Whales Are Doing With WFC

A whale with a lot of money to spend has taken a noticeably bearish stance on Wells Fargo. Looking at options history for Wells Fargo (NYSE:WFC) we detected 11 strange trades.

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