Wells Fargo Stock Is Likely To Trade Sideways
- Wednesday, August 11, 2021, 7:25
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Wells Fargo’s stock has gained 61% YTD, and at its current price of $49 per share, it is trading at the same level as its fair value of $49 – Trefis’ estimate for Wells Fargo’s valuation. The bank recently released its second-quarter FY2021 results, with revenues and earnings outperforming…