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Wells Fargo (NYSE:WFC) is in focus after a credit rating upgrade and an expanded mortgage-servicing deal with ICE ahead of its quarterly report.
Wells Fargo looks undervalued at ~10x 2027E as NIM stabilizes and NII stays near $50B; fee income helps upside.
Representative Michael A. Rulli (Republican-Ohio) recently sold shares of Wells Fargo & Company (NYSE:WFC). In a filing disclosed on October 2nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Wells Fargo & Company stock on September 3rd. The trade occurred in the Repr