Wells Fargo Rebounds as Federal Reserve Lifts Asset Cap
TL;DR Summary
Jared Cramer considers Wells Fargo's removal of its asset cap a significant milestone and has increased his price target on the stock, highlighting a positive outlook for the bank's future growth.
- Cramer calls Wells Fargo's asset-cap removal a 'watershed moment,' raises price target on the stock CNBC
- Wells Fargo CEO goes from fixer to builder as regulators lift punishments Yahoo Finance
- Wells Fargo Is Allowed to Grow Again After 7 Years Under Asset-Cap Penalty WSJ
- Wells Fargo Confirms that the Federal Reserve Has Removed the Limits on Growth in Total Assets Imposed in its 2018 Consent Order and Announces a Special Employee Award wellsfargo.com
- How Charlie Scharf got Wells Fargo out of the penalty box Reuters
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