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Wells Fargo Rebounds as Federal Reserve Lifts Asset Cap

1 min read
Source: CNBC
Wells Fargo Rebounds as Federal Reserve Lifts Asset Cap
Photo: CNBC
TL;DR

Jared Cramer considers Wells Fargo's removal of its asset cap a significant milestone and has increased his price target on the stock, highlighting a positive outlook for the bank's future growth.

Topics:top-newsbusiness#asset-cap-removal#banking#business#jared-cramer#stock-price-target#wells-fargo
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  1. Cramer calls Wells Fargo's asset-cap removal a 'watershed moment,' raises price target on the stock  CNBC
  2. Wells Fargo CEO goes from fixer to builder as regulators lift punishments  Yahoo Finance
  3. Wells Fargo Is Allowed to Grow Again After 7 Years Under Asset-Cap Penalty  WSJ
  4. Wells Fargo Confirms that the Federal Reserve Has Removed the Limits on Growth in Total Assets Imposed in its 2018 Consent Order and Announces a Special Employee Award  wellsfargo.com
  5. How Charlie Scharf got Wells Fargo out of the penalty box  Reuters

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