 鲜花( 1394)  鸡蛋( 16)
|
Credit Suisse upgrades Wells Fargo to outperform
" f; ~. U/ M+ o: j: Y }8 i
% |2 m4 f, I+ L# sBy John Spence0 S& L0 k2 [: D/ }
& x" g0 `+ W9 n" c: B' M
' p2 I) u% f# Z% `BOSTON (MarketWatch) -- Credit Suisse analysts on Monday upgraded shares of Wells Fargo & Co. (WFC:Wells Fargo & Company
+ X$ D2 w9 l3 n$ ^7 A7 \WFC 28.62, -0.88, -3.0%) to outperform from neutral, but cut their price target on the stock to $38 from $40. After raising $11 billion through issuing common stock last week and capital injections from the government, Wells Fargo "has substantially improved its balance-sheet flexibility and potential earnings power to navigate a more severe economic downturn," Credit Suisse said in a note to clients. The analysts wrote Wells Fargo, which is in a deal to acquire Wachovia Corp.'s (WB:Wachovia Corp WB 5.48, -0.04, -0.7%) banking operations, has earnings diversity and more balance-sheet flexibility that favorably positions the company to produce "meaningful upside earnings surprise" in 2009 and 2010 "even against the backdrop of a worsening economic environment."* h9 g7 N3 q6 Y9 A
, L y8 O2 ?* G1 ~0 y, B
根据这条新闻,是不是该买入了? |
|