Big bank CEOs weigh in on Trump's tariffs: 'Considerable turbulence' [FOX Business Network]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: FOX Business Network
The CEOs of two of America's largest banks discussed how President Donald Trump's tariffs and other factors are impacting the economy and markets with the release of their quarterly earnings reports on Friday. JPMorgan Chase CEO Jamie Dimon and Wells Fargo CEO Charlie Scharf each discussed Trump's tariffs in letters included with their firms' respective earnings reports on Friday. Dimon, who wrote in a letter to shareholders earlier in the week that tariffs are likely to increase inflation and raised concerns about their impact on U.S. economic alliances, noted that tariffs and trade are weighing on the economic outlook. "The company is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and t
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News
- Wells Fargo & Company (NYSE: WFC) was upgraded by analysts at Phillip Securities from a "moderate buy" rating to a "strong-buy" rating.MarketBeat
- Wells Fargo Innovation Incubator Celebrates First Round of Pilot Awards in the Scalable Tech Program [Yahoo! Finance]Yahoo! Finance
- Wells Fargo & Company (NYSE: WFC) had its price target lowered by analysts at Barclays PLC from $92.00 to $87.00. They now have an "overweight" rating on the stock.MarketBeat
- Wells Fargo & Company (NYSE: WFC) had its price target lowered by analysts at Raymond James from $88.00 to $78.00. They now have a "strong-buy" rating on the stock.MarketBeat
- Company News for Apr 14, 2025 [Yahoo! Finance]Yahoo! Finance
WFC
Earnings
- 4/11/25 - Beat
WFC
Sec Filings
- 4/16/25 - Form 424B2
- 4/16/25 - Form 424B2
- 4/16/25 - Form 424B2
- WFC's page on the SEC website