Up 53% YTD, Wells Fargo Stock Is Fairly Priced
- Monday, May 3, 2021, 7:14
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Wells Fargo’s stock (NYSE: WFC) has rallied 83% since the March 23 lows of last year and has gained 53% YTD. Further, at its current price of $46 per share, it is trading at the same level as its fair value of $46 – Trefis’ estimate for Wells Fargo’s valuation. WFC, the largest mortgage banker…
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