Wells Fargo is looking strong after posting first-quarter results two weeks ago, prompting analysts to boost their price targets on the bank’s shares.
Deutsche Bank is the latest to lift its target on Wells Fargo’s (ticker: WFC) stock following a flood of increases on the day the bank posted results. Analysts at Deutsche Bank see Wells Fargo shares hitting $48 a piece over the next 12 months, up from previous projections of $45. The average price target of analysts surveyed by FactSet is $47.35, roughly 6% higher than recent…
