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Jim Cramer Shares Details About When He Bought Wells Fargo’s (WFC) Stock
Jim Cramer discussed his earlier purchase of Wells Fargo (WFC) stock at $33, praising CEO Charlie Scharf. The article highlights recent analyst ratings for WFC, with KGI Securities downgrading it to Hold with an $88 target, and Jefferies initiating coverage with a Buy rating and a $100 target after the Federal Reserve lifted the bank’s asset cap. Despite WFC’s performance, the author suggests higher potential returns from specific AI stocks.