Wells Fargo Analysts Lower Their Forecasts After Q3 Results
Wells Fargo beat Q3 EPS estimates but missed revenue; reaffirmed guidance. Shares fell 2.8% as analysts cut price targets.
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Why It Matters
Wells Fargo made more money per share than expected. But it did not earn as much total money as people thought, so experts lowered their price targets.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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