Wells Fargo: ‘The Stagecoach is Well Positioned’ But…
May 25, 2016 at 13:55 PM EDT
Baird's David George and Garrett Holland came away from Wells Fargo's ( WFC ) investor day with the impression that the "stagecoach is well positioned" for the future, but perhaps not nonperformance against the likes of JPMorgan Chase ( JPM ), Citigroup ( C ), and Bank of America ( BAC ). They explain why:
