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Jefferies Financial raised target price for JPMorgan and Wells Fargo & Co.
July 4th, Guolong News | Jefferies Financial: Raised JPMorgan's target price from $230 to $239 and increased Wells Fargo & Co.'s target price from $62 to $64.
Mortgage Applications Fall As Rates Climb Back Above 7%
Mortgage applications have slowed as the average interest rate for 30-year mortgages has gone back above 7%.Loan requests declined 2.6% on a seasonally adjusted basis as of June 28 from a week earlier
Mortgage Applications Fall as Rates Increase, MBA Says
Mortgage applications declined for the first time in several weeks as interest rates increased, the Mortgage Bankers Association said Wednesday.
Jefferies Maintains Hold on Wells Fargo, Raises Price Target to $64
Jefferies analyst Ken Usdin maintains Wells Fargo (NYSE:WFC) with a Hold and raises the price target from $62 to $64.
Wells Fargo Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/03/2024 6.06% Jefferies $62 → $64 Maintains Hold 06/25/2024 16.01% Evercore ISI Group $69 → $70 Maintai
Citigroup, JPMorgan, Wells Fargo Tagged 'Most Preferred' as Q2 Earnings Loom, Morgan Stanley Says
Citigroup (C), JPMorgan Chase (JPM) and Wells Fargo (WFC) are the "most preferred" among banking giants heading into the Q2 earnings season, Morgan Stanley said in a report Wednesday. The firm expects