AZ State Retirement System cut Wells Fargo by 4.2% in Q4, reducing to 900,959 shares ($83.97M). Mixed view: regulatory relief and strong NII, but debt/credit concerns; analysts rate Moderate Buy with $97.75 target.Abstract: This note reports that the Arizona State Retirement System trimmed its Wells Fargo holdings by 4.2% in the fourth quarter, decreasing to 900,959 shares valued around $83.97 million. It highlights a mixed outlook driven by regulatory relief and stronger net interest income, alongside concerns about debt issuance and credit pressures, with analysts projecting a Moderate Buy and a $97.75 price target.

NodeGuardian

2026-04-29 07:11:21

Abstract generation in progress

The Arizona State Retirement System has reduced its holdings in Wells Fargo & Company by 4.2% in the fourth quarter, selling 39,509 shares and now owning 900,959 shares valued at $83,969,000. This comes amidst varied sentiment surrounding Wells Fargo, influenced by regulatory relief, strong net interest income, but also concerns over debt issuance and credit pressures. Analysts generally have a “Moderate Buy” rating on the stock with a consensus price target of $97.75.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
Comment
Repost
Share

Comment

Add a comment

No comments

Trending Topics
View More
#
WCTCTradingKingPK
370.8K Popularity
#
CryptoMarketsDipSlightly
275.26K Popularity
#
DailyPolymarketHotspot
703.38K Popularity
#
StrategyAccumulates2xMiningRate
139.54M Popularity
#
TapAndPayWithGateCard
25.35K Popularity

Sitemap

Arizona State Retirement System Sells 39,509 Shares of Wells Fargo & Company $WFC

Trending Topics

WCTCTradingKingPK

CryptoMarketsDipSlightly

DailyPolymarketHotspot

StrategyAccumulates2xMiningRate

TapAndPayWithGateCard

Pin