 鲜花( 1394)  鸡蛋( 16)
|
Credit Suisse upgrades Wells Fargo to outperform, K8 t# V) M2 l1 h8 c
* H* T9 R) Q p8 `7 J- r# h
By John Spence
* A( K1 K' I, p0 K0 N: U3 {- r1 h; Y9 i- `+ F5 y* Z: S
7 I0 o* Y! G$ s& U, y$ b; |6 lBOSTON (MarketWatch) -- Credit Suisse analysts on Monday upgraded shares of Wells Fargo & Co. (WFC:Wells Fargo & Company1 B8 @! b, g0 |6 c5 g# u0 P1 R8 x
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."7 V/ O# `2 @/ `: A* B, j, q
4 c9 u8 K0 B3 D, I0 ?
根据这条新闻,是不是该买入了? |
|