WFC is a leading U.S. bank with roughly $1.9 trillion in assets on its balance sheet. It operates four business segments: corporate and investment banking, wealth and investment management, consumer banking, and commercial banking. I am neutral on Wells Fargo & Company (WFC) as its undervalued stock price, based on historical valuation multiples and analyst consensus price targets, is offset by the numerous headwinds and challenges that the business is trying to overcome at the moment. In this article, I will lay out three reasons why I am neutral on WFC stock at current prices.
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