'Lean into the recovery,' wrote Darrell Cronk, president of the Wells Fargo Investment Institute.
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The U.S. pushing back many of the tariffs announced earlier this year will help Wall Street through the end of the year,…
Analyst David George downgraded the bank.
The Federal Reserve lifted its total asset restrictions on Wells Fargo last June, allowing the bank to chase growth.
The stock market is near all-time highs as it starts a month known for seasonal strength, even as risks remain.
We think that Wednesday's drop in shares of Wells Fargo is more reflective of profit-taking than concerns about the year ahead.
The bank paired better-than-expected results with a more optimistic profit outlook.
