Equity Analysis /
United States of America

US : Wells Fargo & Company - RJ Express: WFC Post-Conference Call Takes

    Contributors
    Ken Kohut
    Daniel Tamayo
    CGS-CIMB
    15 January 2021
    Published byCGS-CIMB

    It appears relative stock weakness is a result of disappointment in net cost savings guidance and the timing of such savings. Expense guide for 2021 is only in-line with our and the Street's current operating expense forecasts. The guide includes continued investments in the business and $1 billion