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Wells Fargo (WFC) is cut to Hold at Oppenheimer, the firm making a valuation call, and saying...

Wells Fargo (WFC) is cut to Hold at Oppenheimer, the firm making a valuation call, and saying there's more upside in names likes Citigroup (C), JPMorgan (JPM), Morgan Stanley (MS), and KKR. Wells -0.5% premarket.
Comments (1)
  • elad26
    , contributor
    Comments (21) | Send Message
     
    Excellent ^_^
    I hope Citi will post better than expected 4Q results & even get upgraded from analysts to better positions to improve investor confidence & lower the shorts activity for this company ^_^
    Citi has great advantage in the financial sector among its peers since more then 60% of it's revenue from operations derives from places outside of USA since the IMF Recently pointed that the rest of the world (especially developing areas) will have the best GDP results in the world which will help boost Citi performance ^_^
    Also mentioned in their reports that USA will show decrease in GDP !!!
    Go Citi !!!
    14 Jan 2013, 04:56 PM Reply Like
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