Wells Fargo's new S&P 500 call signals trouble ahead
Wells Fargo’s new target flows straight through to SPY and VOO, the funds millions of investors already own.
Wells Fargo & Company provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. Wells Fargo was founded in 1852 and is headquartered in San Francisco.
Wells Fargo’s new target flows straight through to SPY and VOO, the funds millions of investors already own.
Strong earnings may no longer be enough to lift stocks.
Investors and banking industry executives have privately speculated the bank could be poised to acquire a smaller lender.
Walmart, UnitedHealth and Wells Fargo highlight resilient growth, while XMax and Interlink pursue expansion despite execution challenges.
Wells Fargo & Company (NYSE:WFC) Chief Financial Officer Mike Santomassimo said the bank continues to see strong consumer spending, healthy credit trends and expanding business activity as it pursues growth following the removal of its asset cap. Speaking at a financial conference, Santomassimo sai
Investing.com -- Wells Fargo CFO Mike Santomassimo said Tuesday that the bank’s loan growth will likely surpass its full-year 2026 guidance. He made the remarks while speaking at the Barclays Global Financial Services Conference.
Wells Fargo lowers its price target on Carnival but still sees nearly a 60% upside.
Wells Fargo (WFC) closed at $88.71 in the latest trading session, marking a -1.75% move from the prior day.
On Sept. 14, 2026, CEO Brian Moynihan flagged weaker trading performance and softer dealmaking fees, keeping investors focused on capital-markets sensitivity.