Wells Fargo Deserves That Bullish Call
The start of the week brought an onslaught of interesting moves by some of the big analysts. I certainly don't agree with every call, but some of yesterday's picks made good sense, and there was one call in particular that I found appealing.
One of the prominent names that received attention yesterday was Wells Fargo (WFC). Jefferies initiated its coverage with a Buy rating yesterday and praised the bank's strong capital base. Jefferies placed a $39 target on Wells, on the basis of 11x estimated earnings for 2013....371 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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