Search the Newsreel

RocketLab (RKLB) establishes USD 1.9bln common stock ATM with Deutsche Bank and Wells Fargo, according to a filing

RocketLab (RKLB) has established a USD 1.9 billion at-the-market (ATM) common stock program with Deutsche Bank and Wells Fargo. This financing strategy is typical for pre-profit, capital-intensive growth companies in the small-launch and space infrastructure sector, allowing for incremental equity raises to fund cash …

SteelPeak Wealth LLC Buys 34,445 Shares of Wells Fargo & Company $WFC

CWA Asset Management Group LLC Sells 58,454 Shares of Wells Fargo & Company $WFC

CWA Asset Management Group LLC significantly reduced its stake in Wells Fargo & Company by selling 58,454 shares, leaving them with 14,499 shares valued at $1.2 million. Despite this sale, institutional investors hold a substantial 75.9% of the company, and analysts maintain a "Moderate …

Scammers Posed as Wells Fargo and Got a $153,860 Check Mailed to New York, Then Police Stepped In

Scammers impersonated Wells Fargo to convince a Virginia resident to send a $153,860 cashier's check to New York. Bristol Virginia Police and FedEx intervened, preventing the delivery and returning the money to the victim. This incident highlights a broader issue of scams in Bristol, …

Wells Fargo (WFC) Taps Debt Markets, Is The Stock Still Below Fair Value?

Wells Fargo (WFC) has been actively tapping debt markets with new preferred depositary shares and senior unsecured note offerings, providing investors with updated information on its funding mix. Despite a recent year-to-date decline, the stock has shown strong 90-day, 1-year, 3-year, and 5-year returns …

Is Wells Fargo’s Tokenized Deposit Push Reshaping Its Post‑Cap Investment Story (WFC)?

In August 2026, Wells Fargo & Company issued a series of callable, unsecured senior notes across maturities from 2029 to 2051 and announced new perpetual, non‑cumulative depositary shares, alongside launching tokenized deposits for corporate and commercial clients to enable around‑the‑clock, blockchain‑based settlement within the …

Wells Fargo Has Fresh Message for Microsoft Investors

This article first appeared on GuruFocus. Wells Fargo sees therapid improvement of open AI models as a potential tailwind for Microsoft (NASDAQ:MSFT) and ServiceNow (NYSE:NOW), arguing that cheaper intelligence could strengthen established software platforms rather than disrupt them. The key investor implication is that …

A Wells Fargo VP reveals the biggest retirement mistake investors make today

Veronica Willis, a VP and global asset allocation strategist at Wells Fargo, explains that treating retirement as a single finish line rather than a multi-decade investment horizon is a major mistake. She emphasizes the importance of maintaining a balanced portfolio with growth assets even …

REG - Wells Fargo & Co Prologis, Inc. - Form 8.3 - Prologis, Inc.

Wells Fargo & Company has filed a Form 8.3 disclosure regarding its interests and dealings in Prologis, Inc. securities. The disclosure shows Wells Fargo's holdings and short positions in Prologis common stock as of August 11, 2026, totaling 1.01% interests and 0.00% short positions, …

Wells Fargo & Company Has Lowered Expectations for Bain Capital Specialty Finance (NYSE:BCSF) Stock Price

Wells Fargo & Company has reduced its price target for Bain Capital Specialty Finance (NYSE:BCSF) from $13 to $12, while maintaining an "equal weight" rating, suggesting a potential 6.8% downside. This adjustment follows BCSF's mixed quarterly results, where adjusted EPS of $0.44 surpassed estimates …

Wells Fargo Adjusts Price Target on Salesforce to $205 From $200, Keeps Equalweight Rating

Wells Fargo has increased its price target for Salesforce (CRM) to $205 from $200, while maintaining an Equalweight rating on the stock. This adjustment comes amidst various market activities concerning software stocks and broader economic factors. Salesforce is recognized as the global leader in …

BMO names Wells Fargo’s Brent Reston as US chief digital officer

BMO has appointed Brent Reston, formerly of Wells Fargo, as its US chief digital officer. Reston will be responsible for integrating digital technologies across BMO's consolidated regional operations as the bank undergoes a major operational overhaul, including rebalancing its branch network. This strategic move …

Diversified Management Inc. Trims Stake in Wells Fargo & Company $WFC

Diversified Management Inc. significantly reduced its holdings in Wells Fargo & Company by 70.4% in Q2, selling 12,521 shares and retaining 5,255 shares worth $434,000. Despite this, Wells Fargo reported strong quarterly earnings of $1.96 EPS, beating estimates, and increased its quarterly dividend to …

Financial regulator: Debt settlement companies a last resort | Here's why

A Maryland family resolved a yearslong debt issue after a disabled veteran's credit card debt was forgiven by Wells Fargo following an inquiry from WBAL-TV 11 News Investigates. The case highlighted the pitfalls of debt settlement companies, with Maryland's financial regulator stating they should …

Wells Fargo (WFC) Bets On Blockchain, But Can The Rally Continue?

Wells Fargo (NYSE:WFC) just told its biggest clients they can move money on a Sunday. On August 4, the bank announced tokenized deposits, a blockchain-based version of commercial bank money that lets corporate and commercial clients settle funds 24/7/365 without ever leaving the insured …

Midtown Wells Fargo Consolidates Two Branches in One

Wells Fargo has consolidated two Anchorage branches into a new, larger location on Denali Street, which held its grand opening on August 6. The new branch replaces a former ground-floor location and one inside the Midtown Mall, offering enhanced services and private spaces. This …

Wells Fargo & Company Forecasts Strong Price Appreciation for Home Depot (NYSE:HD) Stock

Wells Fargo & Company has increased its price target for Home Depot (NYSE:HD) stock from $360 to $400, maintaining an "overweight" rating and suggesting a 14.21% potential upside. Despite some analysts lowering price targets, the overall consensus remains a "Moderate Buy" with an average …

Wells Fargo raises McKesson stock price target on earnings outlook

Wells Fargo has increased its price target for McKesson Corp. (NYSE:MCK) to $933 from $812, while maintaining an Equal Weight rating, citing an improved earnings outlook. The firm also raised its adjusted earnings per share estimates for fiscal years 2027-2029, reflecting confidence in pharmaceutical …

Wells Fargo Provides $175M Construction Loan for Queens Mixed-Use Development

The Domain Companies secured a $175 million construction loan from Wells Fargo for Elara, a 429-unit mixed-income housing development in Astoria, Queens. The project will include 107 affordable units and 4,000 square feet of retail, with Canyon Partners Real Estate and BLDG Management also …

Wells Fargo Reaffirms Their Buy Rating on Associated Banc-Corp (ASB)

Wells Fargo maintained a Buy rating on Associated Banc-Corp (ASB) with a price target of $36.00, following the company's strong Q2 earnings report. Despite positive analyst sentiment, corporate insider activity shows a negative trend with increased selling of shares over the past quarter. Other …

Wells Fargo Adjusts Price Target on Synopsys to $450 From $535, Maintains Equalweight Rating

Wells Fargo has lowered its price target for Synopsys (SNPS) to $450 from $535, while keeping an Equalweight rating on the stock. This adjustment comes amidst a broader context of Synopsys' recent activities, including collaborations with Microsoft and AMD, and its focus on AI …

Handelsbanken Fonder AB Has $95.23 Million Stock Holdings in Wells Fargo & Company $WFC

Handelsbanken Fonder AB reduced its stake in Wells Fargo & Company by 4.7% in the second quarter, now holding 1,152,317 shares valued at $95.23 million. Other institutional investors also adjusted their holdings, with 75.90% of the company's stock owned by institutional investors and hedge …

MidCap Financial Investment Corporation (MFIC) Receives a Hold from Wells Fargo

Wells Fargo analyst Finian O’Shea has maintained a Hold rating on MidCap Financial Investment Corporation (MFIC) with a price target of $9.00. This comes as the company reported a quarterly revenue of $68.2 thousand and no net profit for the quarter ending June 30, …

Wells Fargo Adjusts Price Target on Home Depot to $400 From $360, Keeps Overweight Rating

Wells Fargo has increased its price target for Home Depot (HD) to $400 from $360, while maintaining an "Overweight" rating on the stock. This adjustment reflects a positive outlook for the home improvement retailer. The article also notes other analyst adjustments for Home Depot, …

Wells Fargo Maintains Pinnacle Financial Partners(PNFP.US) With Hold Rating, Maintains Target Price $118

Wells Fargo has reaffirmed its "Hold" rating on Pinnacle Financial Partners (PNFP.US) and maintained its price target at $118. This indicates the analyst's current neutral stance on the stock's performance and future outlook.

Wells Fargo forgives $11,000 debt for disabled veteran after family’s struggle

Wells Fargo has forgiven an $11,000 credit card debt for a disabled Marine Corps veteran in Bel Air, Maryland, following an inquiry from WBAL-TV 11 News Investigates. The veteran's power of attorney, Kristin Schirmer, had struggled for over a year to negotiate with Wells …

WES Maintained by Wells Fargo -- Price Target Raised to $46.00

Wells Fargo maintained its Equal-Weight rating for Western Midstream (WES) but raised its price target to $46.00, indicating cautious optimism. Despite a strong GF Score™ of 80/100, the stock is considered 4.6% overvalued by GF Value™ and has a high P/E ratio compared to …

Wells Fargo Hires UBS Banker Nikhil Goel for Healthcare M&A

Wells Fargo & Co. has appointed Nikhil Goel, formerly of UBS Group AG, as a managing director in its mergers and acquisitions group, specifically targeting the healthcare sector. Based in New York, Goel will report to Jeff Hogan, the head of global M&A, and …

Wells Fargo & Company Initiates Coverage on Bank OZK (NASDAQ:OZK)

Wells Fargo & Company has initiated coverage on Bank OZK (NASDAQ:OZK) with an "equal weight" rating and a $56 price target, suggesting a potential upside of 9.17%. This aligns with the overall "Hold" consensus rating and an average price target of $56.88 from other …

Boston Scientific announces participation in Wells Fargo 21st Annual Healthcare Conference and conference call discussing third quarter 2026 results

Boston Scientific (BSX) will participate in Wells Fargo's 21st Annual Healthcare Conference on September 10, 2026, with Mike Mahoney and Kenneth Stein, M.D., leading a Q&A session. The company will also webcast its third-quarter 2026 earnings call on October 28, 2026, hosted by Mike …

Wells Fargo reiterates Overweight rating on Popular stock with $200 target

Wells Fargo has reiterated an Overweight rating for Popular, Inc. (NASDAQ: BPOP) with a $200 price target, suggesting a 15% upside. This aligns with a broader analyst consensus and follows the company's Q2 2026 earnings, which beat profit forecasts but slightly missed revenue projections. …

Wells Fargo initiates Csquare stock coverage with overweight rating

Wells Fargo has initiated coverage on Csquare Inc (NYSE:CSQR) with an "overweight" rating and a price target of $25.00, implying a 16% upside from its current stock price. The firm expects Csquare to outperform peers in EBITDA and AFFO per share growth, despite risks …

Wells Fargo cuts Vistra Energy stock price target to $212 on 2027 outlook

Wells Fargo has lowered its price target on Vistra Energy (NYSE:VST) to $212 from $220, while maintaining an Overweight rating. The firm cited the company's solid Q2 earnings beat, despite a cooler outlook for 2027. Vistra Energy's stock currently trades near its 52-week low, …

Wells Fargo cuts American International Group stock price target on ROE outlook

Wells Fargo has reduced its price target for American International Group (AIG) stock from $89 to $85, maintaining an Equal Weight rating, due to concerns about the company's return on equity (ROE) outlook and challenges in a soft commercial lines market. Despite AIG trading …

Wells Fargo raises Take-Two stock price target on GTA VI demand

Wells Fargo has increased its price target for Take-Two Interactive (NASDAQ:TTWO) to $300 from $289, maintaining an Overweight rating, due to "astonishing" pre-order volume for GTA VI. The company's first-quarter bookings and earnings per share exceeded consensus, and Wells Fargo also raised its Q2 …

33,402 Shares in Wells Fargo & Company $WFC Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC acquired a new stake of 33,402 shares in Wells Fargo & Company (NYSE:WFC) during the first quarter, valued at approximately $2.66 million. Wells Fargo recently reported strong quarterly earnings, beating analyst estimates with an EPS of $1.96 and an 8.6% increase …