Shares of Wells Fargo & Company WFC closed Monday trading down 4.65% at $28.71 per share.
Volume of nearly 65 million shares was nearly one and a half times greater than the daily average volume of almost 44.3 million shares.
Shares of Wells Fargo & Company traded between $28.53 and $29.75 per share during the trading day.
Goldman Sachs Group analysts Richard Ramsden, Brian Foran, Daniel Harris and Jessica Binder Graham downgraded shares of Wells Fargo & Company to a rating of Neutral.
The analysts said that Wells Fargo & Company offered longer-term value but it faced higher near-term risk.
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date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
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Posted In: Analyst ColorDowngradesAnalyst RatingsMoversBrian ForanDaniel HarrisDiversified BanksFinancialsGoldman Sachs GroupJessica Binder GrahamRichard Ramsden
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