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Wells Fargo reported beating Q3 earnings estimates, but saw mixed investment activity with a "Hold" rating.
Wells Fargo saw mixed investment activity in the third quarter, with BCI reducing its holdings by 14.2% and Point72 Europe London LLP increasing its stake by 106.6%.
The company reported EPS of $1.42, beating estimates by $0.14, with revenue of $20.37 billion.
Analysts rate the stock as "Hold" with a target price of $63.07.
Wells Fargo also announced a quarterly dividend of $0.40 per share.
5 months ago
3 Articles