Wells Fargo and Goldman Sachs hit record highs after record highs last year, jumping 36% and 57%, respectively, over a 12-month period.
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Analyst David George downgraded the bank.
Private credit risks, mass AI adoption and the U.S.-Iran war have all weighed on banks in 2026.
Goldman Sachs are Wells Fargo are beneficiaries from the trend.
The financials were one of the top-performing groups in the market Wednesday, and we are capitalizing on this strength.
Wells Fargo revealed its top picks coming out of earnings.
The big banks this week kick off the corporate earnings season, giving investors a first look into how companies fared in the…
