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Wells Fargo & Company $WFC Shares Bought by Swedbank AB
Swedbank AB significantly increased its holdings in Wells Fargo & Company (NYSE:WFC) by 27.8% in the fourth quarter, now owning over 1.2 million shares valued at $112 million. Several other institutional investors also adjusted their positions in WFC. Analysts generally maintain a “Moderate Buy” rating for Wells Fargo, with an average target price of $97.53, despite some recent insider stock sales worth approximately $10 million.