 鲜花( 1394)  鸡蛋( 16)
|
Credit Suisse upgrades Wells Fargo to outperform0 `; ?! e/ K1 s# G8 j9 h" ?
) U. }6 E: Q E D6 U, YBy John Spence
3 q$ c1 o! R, P) \" G% K- D5 R7 d# W1 z
( E [) ?" }( X
BOSTON (MarketWatch) -- Credit Suisse analysts on Monday upgraded shares of Wells Fargo & Co. (WFC:Wells Fargo & Company% L3 Z2 X, }4 X( a; V+ ?& m
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."4 b2 H* b" k/ C
e; r9 i3 ~, n- k9 X
根据这条新闻,是不是该买入了? |
|