 鲜花( 1394)  鸡蛋( 16)
|
Credit Suisse upgrades Wells Fargo to outperform% n* c( V' T4 [6 N# t# [
3 |1 O7 |: r/ x+ R" u0 l9 D
By John Spence
9 Z, l" ^5 s, k4 s+ M( {4 p7 `8 B2 Z6 k. ~) I
, x% X' X7 H" r( w" K4 V3 o; \2 W0 n
BOSTON (MarketWatch) -- Credit Suisse analysts on Monday upgraded shares of Wells Fargo & Co. (WFC:Wells Fargo & Company" F4 p, m$ g6 `9 N$ n( }& k* k
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 $11 billion through issuing common stock last week and capital injections from the government, Wells Fargo "has substantially improved its balance-sheet flexibility and potential earnings power to navigate a more severe economic downturn," Credit Suisse said in a note to clients. The analysts wrote Wells Fargo, which is in a deal to acquire Wachovia Corp.'s (WB:Wachovia Corp WB 5.48, -0.04, -0.7%) banking operations, has earnings diversity and more balance-sheet flexibility that favorably positions the company to produce "meaningful upside earnings surprise" in 2009 and 2010 "even against the backdrop of a worsening economic environment."( |, ]' K6 F7 s0 L; ]- U$ L4 z
$ e0 [ b2 g2 g9 i- }根据这条新闻,是不是该买入了? |
|