[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Top Stock Alerts [@TopStockAlerts1](/creator/twitter/TopStockAlerts1) on x 118.6K followers Created: 2025-07-07 19:18:59 UTC $WFC Raymond James downgrades Wells Fargo The recent rally for Wells Fargo seems set to cool from here, according to Raymond James. Analyst David Long downgraded the bank stock to market perform from strong buy, saying in a note to clients that the stock has limited upside now that investors have priced in the benefits of bank’s asset cap being removed. “While we remain bullish on Wells Fargo’s growth prospects and continued profitability improvement, we believe upside to its EPS estimates is now appropriately reflected in its premium valuation, limiting near-term upside to WFC shares,” the note said. The Federal Reserve removed the asset cap on Wells Fargo on June X. Shares of Wells Fargo are up more than XX% since then, and about XX% since June 18, when Long previously raised his estimates for the bank. XXXXX engagements  **Related Topics** [raymond james](/topic/raymond-james) [alternative investment](/topic/alternative-investment) [$wfc](/topic/$wfc) [stocks financial services](/topic/stocks-financial-services) [stocks banks](/topic/stocks-banks) [Post Link](https://x.com/TopStockAlerts1/status/1942302341211771033)
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Top Stock Alerts @TopStockAlerts1 on x 118.6K followers
Created: 2025-07-07 19:18:59 UTC
$WFC Raymond James downgrades Wells Fargo
The recent rally for Wells Fargo seems set to cool from here, according to Raymond James.
Analyst David Long downgraded the bank stock to market perform from strong buy, saying in a note to clients that the stock has limited upside now that investors have priced in the benefits of bank’s asset cap being removed.
“While we remain bullish on Wells Fargo’s growth prospects and continued profitability improvement, we believe upside to its EPS estimates is now appropriately reflected in its premium valuation, limiting near-term upside to WFC shares,” the note said.
The Federal Reserve removed the asset cap on Wells Fargo on June X. Shares of Wells Fargo are up more than XX% since then, and about XX% since June 18, when Long previously raised his estimates for the bank.
XXXXX engagements
Related Topics raymond james alternative investment $wfc stocks financial services stocks banks