BTC Capital Management Inc. Sells 144,859 Shares of Wells Fargo & Company $WFC

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BTC Capital Management Inc. has significantly reduced its stake in Wells Fargo & Company (NYSE:WFC) by selling 144,859 shares, cutting its position by 49.8%. Despite this, Wells Fargo remains a “Moderate Buy” among analysts with a consensus price target of $97.13. Other institutional investors have both increased and decreased their holdings, while company insiders have also sold shares totaling $10.05 million in the last three months.

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