 鲜花( 1394)  鸡蛋( 16)
|
Credit Suisse upgrades Wells Fargo to outperform
* P% Y% j" g+ D. E8 K
" r+ e# N0 q5 i, M$ |0 c3 x+ x2 RBy John Spence
9 o( K- T0 w6 u+ j% M& q& D9 M) D: r
s" b8 r# Y: f: }9 `& N- M
BOSTON (MarketWatch) -- Credit Suisse analysts on Monday upgraded shares of Wells Fargo & Co. (WFC:Wells Fargo & Company! s3 Z$ M& ^/ s
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."% y# x) h2 W' i/ B: y8 s
+ f! p& G. N* b* N0 q; X2 R根据这条新闻,是不是该买入了? |
|