UPDATE: Sterne Agee Raises PT on Wells Fargo & Co. on 1Q13 Earnings

By: Benzinga
In a report published Monday, Sterne Agee analyst Todd L. Hagerman reiterated a Buy rating on Wells Fargo & Co. (NYSE: WFC ), and raised the price target from $38.00 to $42.00. In the report, Hagerman noted, “Earnings momentum remains sluggish as core revenues slipped a bit more than expected
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