Fund Buys 11,163 Wells Fargo Shares as EPS Beats Forecast
A fund purchased 11,163 shares of Wells Fargo & Company valued at about $923,000. Bank of America raised its Wells Fargo target price and reiterated a buy rating, while UBS also maintained a buy rating with a slightly higher target. Wells Fargo reported quarterly EPS of $1.96, above the $1.73 consensus, with revenue up 8.6% year over year.