4 Reasons Wells Fargo Won’t Bounce Back Soon
September 21, 2016 at 10:38 AM EDT
Wells Fargo ( WFC ) has been upgraded at least twice during the past few days, as its shares have been pounded following revelations it opened some two million unauthorized customer accounts. JPMorgan's Vivek Juneja and team, however, argue that the impact will linger longer than many expect: