 鲜花( 1394)  鸡蛋( 16)
|
Credit Suisse upgrades Wells Fargo to outperform
- @+ R+ A* ?9 r# _- ~0 |4 ]6 ^* C! `2 ?- N4 ?2 z
By John Spence
# g D5 l0 ]; i! C+ [2 c% L
7 N9 A% b8 z6 {8 {! G: ?% K
1 J# w# ]) Y8 d% f7 cBOSTON (MarketWatch) -- Credit Suisse analysts on Monday upgraded shares of Wells Fargo & Co. (WFC:Wells Fargo & Company0 ]% A4 `4 ^$ ^( U
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."
1 \+ C) z8 ~& c% W5 y0 b3 Y3 [ P9 a3 q5 k; V4 G
根据这条新闻,是不是该买入了? |
|