KBW reported on Tuesday that they have increased their rating on financial services company, Wells Fargo & Company(WFC).
The firm has upgraded Wells Fargo to “Outperform.”
Wells Fargo shares were mostly flat during premarket trading Tuesday. The stock has increased 13% in the past year.
The Bottom Line
Shares of Wells Fargo & Company(WFC) have a 2.84% yield, based on Friday’s closing price of $35.16.
Wells Fargo & Company(WFC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.