Wells Fargo에 대한 매도 수량은 투자자에게 Wells Fargo의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Wells Fargo (NYSE:WFC) 주식, 공매도 수량 보고

Wells Fargo

Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.

Analyst Color

News

Movers

JP모건 체이스(NYSE:JPM), 뱅크 오브 아메리카(NYSE:BAC) 및 웰스 파고(NYSE:WFC)를 포함한 미국 주요 은행의 주가는 도널드 트럼프의 2024년 대선 승리 이후 수요일 급등했다. 투자자들이 공화당 주도의 행정부 하에서 규제가 완화될 가능성에 베팅한 결과이다. 자세한 내용은 여기를 클릭하세요.

JP모건, 뱅크 오브 아메리카 및 웰스 파고 주식이 급등한 이유: 도널드 트럼프?

Earnings

Large Cap

Previews

Travel

NCLH

NVDA

PLTR

SMCI

미국 크루즈 산업이 상승세를 타면서, 로얄 캐리비안 크루즈(NYSE:RCL), 노르웨이안 크루즈 라인 홀딩스(NYSE:NCLH), 카니발(NYSE:CCL)의 주가가 10월 S&amp;P 500에서 상위 15위에 올랐다.

크루즈 라인은 S&amp;P 500에서 10월 최고의 성과: 로얄 캐리비안, 노르웨이안 실적에 주목

은행 및 금융 서비스 주식의 주가는 JP모건 체이스(NYSE:JPM)와 웰스 파고(NYSE:WFC)의 예상보다 나은 3분기 실적에 힘입어 금요일 상승했다. 이로 인해 아폴로 글로벌 매니지먼트(NYSE:APO)와 모건 스탠리(NYSE:MS)와 같은 금융 회사들에의 상승도 부추겼다.

美 은행 주식 급등 마감, 강력한 3분기 실적을 발표한 JP모건과 웰스 파고의 영향

Wells Fargo & Co

Where Food Comes From, Inc. - Common Stock

Where Food Comes From Inc

1867 WESTN FINL CORP by 1867 Western Financial Corp

1867 Western Financial Corp

WELLS FARGO & CO D/E PFD by Wells Fargo & Co.

Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series AA

Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series CC

Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series DD

Wells Fargo & Company 7.50% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L

Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Y

Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Z

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer recommended buying Arista Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>). &#8220;That business is <a href="https://www.benzinga.com/quote/ANET/analyst-ratings">smoking hot,&#8221; he added</a>.
On Dec. 17, Morgan Stanley analyst Meta Marshall maintained Arista Networks with an Overweight and raised the price target from $102.5 to $118.
Cramer said Under Armour, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) is a &#8220;great spec.&#8221; However, he recommended being careful.
On Dec. 12, Under Armor reiterated its FY25 guidance.
When asked about Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>), he said, &#8220;We have liked it, but it's now gone up so much. I've got to tell you, I want to hold off.&#8221;
On Nov. 6, Texas Pacific Land posted weaker-than-expected quarterly sales.
Cheniere Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) is a &#8220;terrific&#8221; stock, Cramer said. "I like the LNG market now that we have President-elect Trump coming in because he's pro LNG.&#8221;
On Oct. 31, Cheniere Energy reported better-than-expected third-quarter financial results and raised its FY24 adjusted EBITDA guidance. Cheniere Energy reported quarterly earnings of $3.93 per share which beat the analyst consensus estimate of $1.87 per share. The company reported quarterly sales of $3.763 billion which beat the analyst consensus estimate of $3.729 billion.
Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) is a buy, the &#8220;Mad Money&#8221; host said.
Wells Fargo Bank lowered its prime rate to 7.50% from 7.75%, effective Dec. 19, 2024.
&#8220;These are really good companies, you have to buy them when they're low,&#8221; Cramer said when asked about CSX Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>).
CSX will release fourth quarter financial and operating results after the closing bell on Thursday, Jan. 23, 2025.
&#8220;You want to hold on to Eaton Corporation plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>). You know, Eaton is a buy and hold story,&#8221; Cramer said. &#8220;Do not sell, own.&#8221;
On Dec. 9, Citigroup analyst Andrew Kaplowitz maintained Eaton with a Buy and raised the price target from $394 to $440.
Price Action:
<ul>
<li>Cheniere Energy shares gained 1.4% to settle at $208.89 on Friday.</li>
<li>Arista shares rose 3.4% to close at $112.81 during the session.</li>
<li>Eaton shares rose 0.7% to settle at $338.12.</li>
<li>Texas Pacific Land shares gained 3.4% to settle at $1,133.12 on Friday.</li>
<li>Under Armour shares gained 2.9% to $7.78 on Friday.</li>
<li>Wells Fargo shares gained 2.2% to settle at $70.34 on Friday.</li>
<li>CSX shares gained 0.9% to close at $31.85.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/author/avi-kapoor">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></li>
</ul>

Markets

Media

Trading Ideas

ANET

Jim Cramer Says Under Armour Is A 'Great Spec,' Recommends Buying This Big Bank Stock

Investors with a lot of money to spend have taken a bearish stance on Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WFC, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 15 uncommon options trades for Wells Fargo.
This isn't normal.
The overall sentiment of these big-money traders is split between 13% bullish and 73%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $255,590, and 8 are calls, for a total amount of $1,700,643.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $95.0 for Wells Fargo, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Wells Fargo's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Wells Fargo's whale trades within a strike price range from $55.0 to $95.0 in the last 30 days. 
<h3>Wells Fargo Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734716741_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.75</td>
<td>$6.65</td>
<td>$6.65</td>
<td>$65.00</td>
<td>$1.2M</td>
<td>20.5K</td>
<td>2.6K</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$1.97</td>
<td>$1.96</td>
<td>$1.96</td>
<td>$80.00</td>
<td>$245.1K</td>
<td>2.3K</td>
<td>1.5K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$6.8</td>
<td>$6.7</td>
<td>$6.8</td>
<td>$75.00</td>
<td>$50.3K</td>
<td>1.3K</td>
<td>76</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$5.25</td>
<td>$5.2</td>
<td>$5.24</td>
<td>$72.50</td>
<td>$50.3K</td>
<td>1.1K</td>
<td>206</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$1.99</td>
<td>$1.95</td>
<td>$2.0</td>
<td>$80.00</td>
<td>$50.0K</td>
<td>2.3K</td>
<td>265</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
After a thorough review of the options trading surrounding Wells Fargo, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Wells Fargo</h3>
<ul>
<li>Trading volume stands at 7,607,250, with WFC's price up by 3.07%, positioned at $70.97.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 26 days.</li>
</ul>
<h3>Expert Opinions on Wells Fargo</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $80.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Goldman Sachs has decided to maintain their Buy rating on Wells Fargo, which currently sits at a price target of $82. 
&#x2A; Maintaining their stance, an analyst from Compass Point continues to hold a Neutral rating for Wells Fargo, targeting a price of $83. 
&#x2A; An analyst from Keefe, Bruyette &amp; Woods has decided to maintain their Market Perform rating on Wells Fargo, which currently sits at a price target of $79. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on Wells Fargo, which currently sits at a price target of $85. 
&#x2A; Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on Wells Fargo with a target price of $75. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Wells Fargo with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Smart Money Is Betting Big In WFC Options

The global fund managers increased their allocation to <a href="https://www.benzinga.com/24/12/42527883/top-3-financial-stocks-which-could-rescue-your-portfolio-for-december">financial stocks</a>, which include both banks and insurance companies, to an all-time high in December.
What Happened: According to the Bank of America&#8217;s Global Fund Manager Survey, as reported <a href="https://finance.yahoo.com/news/investors-allocation-to-us-stocks-hits-record-high-amid-super-bullish-sentiment-bofa-survey-164349535.html">by</a> Yahoo Finance, investors&#8217; allocation to banks increased by 23% points in December compared to the previous month. This resulted in global fund managers being 41% overweight on banking stocks in December, which is the highest since January 2022.
Similarly, the allocation to insurance companies surged by 15% points month-on-month. This represented an overweight position of 20% within the sectors by the global fund managers. It is the highest since February 2014.
Furthermore, the investor positioning relative to their historical long-term positions increased within the financial universe, followed by the U.S. stocks and utilities, according to the BofA survey.
The investors were underweight with respect to their exposure to cash, Eurozone stocks, staples, and bonds.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42531373/financial-stocks-near-record-year-could-trump-deregulation-fuel-bigger-gains-in-2025">Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?</a>
What Are The Analysts Saying
Mario Georgiou, executive director, head of investments at InCred Global Wealth U.K., in an <a href="https://www.benzinga.com/24/11/42158682/donald-trumps-win-positive-for-financials-energy-sector-as-pro-growth-effects-will-outweigh-inflationary-pressures-says-analyst">exclusive conversation with Benzinga</a>, described tax cuts and deregulation as tailwinds to the markets. He considers inflationary policies such as tariffs and immigration impacts as headwinds, leading to a steepening yield curve, and higher term premiums.
"Financials offer an attractive risk-reward and that this recent post-election rally has room to run," added Georgiou. According to him "Financials are not only well positioned to capture the benefits of the above-mentioned Trump tailwinds, but are also less impacted / would even benefit from the Trump headwinds."
Bank of America's global economics team recently summarized the sentiment, stating, "Pro-growth policies like deregulation of financial services and energy, as well as lower taxes, are boosting market sentiment and asset prices."
According to Goldman Sachs analyst Richard Ramsden, large-cap banks remain optimistic about the economy. &#8220;Healthy consumer spending trends and strong corporate balance sheets have supported a constructive outlook,&#8221; Ramsden said in a recent note.
The top-performing financial stocks of 2024 include Robinhood Markets, Interactive Brokers Group, Coinbase Global, KKR &amp; Co, and Wells Fargo.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</td>
<td>236.54%</td>
</tr>
<tr>
<td>Interactive Brokers Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</td>
<td>111.59%</td>
</tr>
<tr>
<td>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>98.65%</td>
</tr>
<tr>
<td>KKR &amp; Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>)</td>
<td>85.99%</td>
</tr>
<tr>
<td>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td>43.54%</td>
</tr>
<tr>
<td>Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>)</td>
<td>42.75%</td>
</tr>
<tr>
<td>M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)</td>
<td>41.08%</td>
</tr>
<tr>
<td>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td>38.52%</td>
</tr>
<tr>
<td>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td>36.04%</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>34.09%</td>
</tr>
<tr>
<td>Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td>32.89%</td>
</tr>
<tr>
<td>Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>)</td>
<td>29.53%</td>
</tr>
<tr>
<td>PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</td>
<td>26.71%</td>
</tr>
<tr>
<td>Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>)</td>
<td>25.74%</td>
</tr>
<tr>
<td>HSBC Holdings Plc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSBC#NYSE">HSBC</a>)</td>
<td>21.24%</td>
</tr>
<tr>
<td>Prudential Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>)</td>
<td>13.69%</td>
</tr>
<tr>
<td>American International Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>)</td>
<td>3.46%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Note: Data as of market close on Dec. 17, 2024</figcaption></figure>
The iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) has risen 31.35% year-to-date.
Similarly, other financial-focused ETFs have seen strong gains. The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) surged 30.3%, while the Vanguard Financials Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) climbed 30.89%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42546991/dows-rare-nine-day-decline-falls-behind-267-single-day-crashes-since-1900">Dow&#8217;s Rare Nine-Day Decline Falls Behind 267 Single-Day Crashes Since 1900: Is Tech Shift To Blame?</a></li>
</ul>
Photo courtesy: Shutterstock

Equities

Long Ideas

Market Summary

ETFs

General

COIN

FITB

HOOD

HSBC

IBKR

iShares Dow Jones US Financial Sector Index Fund

Fund Managers Increase Allocation To Banking And Insurance Stocks In December: Here Are The Best Performing Financial Stocks In 2024

Deep-pocketed investors have adopted a bullish approach towards Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in WFC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 35 extraordinary options activities for Wells Fargo. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 51% leaning bullish and 37% bearish. Among these notable options, 13 are puts, totaling $729,686, and 22 are calls, amounting to $1,311,683.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $60.0 to $85.0 for Wells Fargo over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Wells Fargo's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Wells Fargo's significant trades, within a strike price range of $60.0 to $85.0, over the past month.
<h3>Wells Fargo Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734462031_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$7.55</td>
<td>$7.45</td>
<td>$7.51</td>
<td>$65.00</td>
<td>$157.7K</td>
<td>1.1K</td>
<td align="right">363</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$8.4</td>
<td>$8.3</td>
<td>$8.35</td>
<td>$62.50</td>
<td>$133.6K</td>
<td>12.1K</td>
<td align="right">349</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$8.35</td>
<td>$8.3</td>
<td>$8.34</td>
<td>$62.50</td>
<td>$125.1K</td>
<td>12.1K</td>
<td align="right">189</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$4.2</td>
<td>$4.1</td>
<td>$4.1</td>
<td>$75.00</td>
<td>$123.0K</td>
<td>907</td>
<td align="right">300</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.65</td>
<td>$4.5</td>
<td>$4.5</td>
<td>$75.00</td>
<td>$90.0K</td>
<td>7.7K</td>
<td align="right">202</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Following our analysis of the options activities associated with Wells Fargo, we pivot to a closer look at the company's own performance.
<h3>Current Position of Wells Fargo</h3>
<ul>
<li>With a trading volume of 5,791,932, the price of WFC is down by -2.07%, reaching $70.49.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 29 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Wells Fargo</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $80.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Wells Fargo, targeting a price of $82. 
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Wells Fargo, targeting a price of $85. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Wells Fargo, maintaining a target price of $82. 
&#x2A; An analyst from Piper Sandler persists with their Neutral rating on Wells Fargo, maintaining a target price of $75. 
&#x2A; An analyst from Keefe, Bruyette &amp; Woods has decided to maintain their Market Perform rating on Wells Fargo, which currently sits at a price target of $79. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wells Fargo, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Unpacking the Latest Options Trading Trends in Wells Fargo

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$73.00</td>
<td>$68.0K</td>
<td>780</td>
<td>4.3K</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$85.00</td>
<td>$32.8K</td>
<td>156</td>
<td>1.2K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$400.00</td>
<td>$55.3K</td>
<td>2.7K</td>
<td>546</td>
</tr>
<tr>
<td>TIGR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$10.00</td>
<td>$27.5K</td>
<td>8.2K</td>
<td>507</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$35.00</td>
<td>$34.1K</td>
<td>3.3K</td>
<td>422</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$40.00</td>
<td>$27.8K</td>
<td>35.0K</td>
<td>328</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$215.00</td>
<td>$46.9K</td>
<td>445</td>
<td>311</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$70.00</td>
<td>$44.0K</td>
<td>8.2K</td>
<td>104</td>
</tr>
<tr>
<td>SQ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$106.00</td>
<td>$25.0K</td>
<td>8</td>
<td>50</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we observe a call option trade with bearish sentiment. It expires in 7 day(s) on December 20, 2024. Parties traded 4000 contract(s) at a $73.00 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $17.0 per contract. There were 780 open contracts at this strike prior to today, and today 4320 contract(s) were bought and sold. 
• Regarding UPST (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>), we observe a put option trade with bearish sentiment. It expires in 7 day(s) on December 20, 2024. Parties traded 90 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $32.8K, with a price of $365.0 per contract. There were 156 open contracts at this strike prior to today, and today 1222 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bearish sentiment. It expires in 98 day(s) on March 21, 2025. Parties traded 20 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $55.3K, with a price of $2765.0 per contract. There were 2724 open contracts at this strike prior to today, and today 546 contract(s) were bought and sold. 
• For TIGR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>), we notice a call option sweep that happens to be bullish, expiring in 125 day(s) on April 17, 2025. This event was a transfer of 250 contract(s) at a $10.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $110.0 per contract. There were 8254 open contracts at this strike prior to today, and today 507 contract(s) were bought and sold. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a put option trade that happens to be bullish, expiring in 399 day(s) on January 16, 2026. This event was a transfer of 47 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $34.1K, with a price of $727.0 per contract. There were 3301 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold. 
• For BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we notice a put option sweep that happens to be bullish, expiring in 399 day(s) on January 16, 2026. This event was a transfer of 125 contract(s) at a $40.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $223.0 per contract. There were 35086 open contracts at this strike prior to today, and today 328 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a put option sweep that happens to be bearish, expiring in 280 day(s) on September 19, 2025. This event was a transfer of 53 contract(s) at a $215.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.9K, with a price of $885.0 per contract. There were 445 open contracts at this strike prior to today, and today 311 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a call option sweep with bearish sentiment. It expires in 98 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $70.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $44.0K, with a price of $441.0 per contract. There were 8254 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold. 
• For SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we notice a put option trade that happens to be bearish, expiring in 7 day(s) on December 20, 2024. This event was a transfer of 20 contract(s) at a $106.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $1251.0 per contract. There were 8 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TIGR

UPST

9 Financials Stocks With Whale Alerts In Today's Session

Overdraft <a href="https://www.benzinga.com/news/23/12/36272398/us-bank-slammed-for-illegally-collecting-millions-in-overdraft-fees-forced-to-pay-up-americans-are-f">issuers</a> including American Credit Unions, Consumer Bankers Association, American Bankers Association, and the Mississippi Bankers Association, have jointly filed a lawsuit challenging the Consumer Financial Protection Bureau&#8216;s new decision.
What Happened: The U.S. <a href="https://www.benzinga.com/topic/consumer-financial-protection-bureau">watchdog agency for consumer finance</a> decided to cap the overdraft fees which can add up to $5 billion in annual fee savings to the consumers, or $225 per household that pays overdraft fees.
&#8220;For far too long, the largest banks have exploited a legal loophole that has drained billions of dollars from Americans&#8217; deposit accounts,&#8221; said CFPB Director Rohit Chopra. &#8220;The CFPB is cracking down on these excessive junk fees and requiring big banks to come clean about the interest rate they&#8217;re charging on overdraft loans.&#8221;
However, banking and other lending institutions have opposed this move.
According to Consumer Bankers Association president and CEO Lindsey Johnson, &#8220;The CFPB's rule on overdraft services harms Americans who need it most—including the 26 million Americans who don&#8217;t have access to credit and thus stand to lose the most if overdraft services are restricted.&#8221;
The CBA includes JPMorgan Chase, Citi, TD Bank, BMO Bank, and Santander. American Bankers Association&#8217;s president and CEO Rob Nichols said, &#8220;CFPB's final overdraft rule exceeds the Bureau's statutory authority, ignores thoughtful industry and stakeholder feedback, and will harm the very consumers the CFPB claims to protect.&#8221;
&#8220;Financial hardships have serious consequences on families, and overdraft programs provide an affordable lifeline in these circumstances,&#8221; said America's Credit Unions president and CEO Jim Nussle. &#8220;The association is going to continue to fight through legal action to reverse this grave mistake from Director Chopra,&#8221; he added.
See Also: <a href="https://www.benzinga.com/24/12/42454495/microsoft-expects-800-million-impairment-charge-due-to-gms-cruise-exit-but-analysts-say-its-a-step-in-the-right-direction-for-automaker">Microsoft Expects $800 Million Impairment Charge Due To GM&#8217;s Cruise Exit, Analyst Says It&#8217;s A &#8216;Step In The Right Direction&#8217; For Automaker</a>
Why It Matters: According to CFPB&#8217;s new rules, lending institutions would have to choose one of the three options when charging for overdrafts.
The first one is to cap their overdraft fee at $5 per instance, while the second option is to cap their fee at an amount that can cover costs and losses. The third option gives freedom to the institution to charge discretionary fees and disclose the terms of their overdraft loan just like other loans.
According to Chopra, &#8220;Consumers have paid an estimated $280 billion in overdraft fees over the past two decades, including roughly $9 billion in 2022.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Many consumers have been hit by multiple fees in a day, because some banks have processed payments to trigger more and more overdraft fees. <a href="https://t.co/ItYPm1ZDnK">https://t.co/ItYPm1ZDnK</a>
&mdash; Rohit Chopra (@chopracfpb) <a href="https://twitter.com/chopracfpb/status/1867258208936472988?ref_src=twsrc%5Etfw">December 12, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Price Action: Several U.S. bank stocks took a hit on Thursday after the CFPB finalized the rule.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>Closing price on Dec. 12, 2024</td>
<td>Change</td>
</tr>
<tr>
<td>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td>$70.80</td>
<td>-1.12%</td>
</tr>
<tr>
<td>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td>$241.53</td>
<td>-0.82%</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>$71.43</td>
<td>-0.74%</td>
</tr>
<tr>
<td>Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)</td>
<td>$591.61</td>
<td>-0.16%</td>
</tr>
<tr>
<td>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td>$127.91</td>
<td>0.25%</td>
</tr>
</tbody>
</table>
</figure>
According to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>, the SPDR S&amp;P Bank ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBE#NYSE">KBE</a>) fell 1.1%, while the SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) declined 1.2%.
Regional banks were affected, too.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Stock</td>
<td>Closing price on Dec. 12, 2024</td>
<td>Change</td>
</tr>
<tr>
<td>Flagstar Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLG#NYSE">FLG</a>)</td>
<td>$11.05</td>
<td>-2.13%</td>
</tr>
<tr>
<td>Citizens Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>)</td>
<td>$45.54</td>
<td>-1.49%</td>
</tr>
<tr>
<td>Regions Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RF#NYSE">RF</a>)</td>
<td>$25.05</td>
<td>-1.38%</td>
</tr>
<tr>
<td>Huntington Bancshares Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBAN#NASDAQ">HBAN</a>)</td>
<td>$17.17</td>
<td>-1.27%</td>
</tr>
</tbody>
</table>
</figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42460199/jpmorgan-reiterates-underweight-rating-on-supermicro-maintains-the-lowest-target-price-among-the-17-tracked-analysts">SMCI Stock Receives Harshest Price Target Among 17 Tracked Analysts As JPMorgan Maintains Underweight Rating On Super Micro: &#8216;No Significant Movement Of Orders&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

Government

Regulations

HBAN

US Lenders File Joint Lawsuit Against Consumer Finance Watchdog For Capping Overdraft Fees: Wells Fargo, JPMorgan, Citigroup Stocks In Focus

Investors with a lot of money to spend have taken a bearish stance on Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WFC, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Wells Fargo.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 63%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $633,610, and 4 are calls, for a total amount of $136,505.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $80.0 for Wells Fargo, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Wells Fargo stands at 1038.71, with a total volume reaching 1,773.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Wells Fargo, situated within the strike price corridor from $60.0 to $80.0, throughout the last 30 days.
<h3>Wells Fargo 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734020159_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$12.65</td>
<td>$12.5</td>
<td>$12.5</td>
<td>$80.00</td>
<td>$292.5K</td>
<td>48</td>
<td align="right">234</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$3.75</td>
<td>$3.7</td>
<td>$3.75</td>
<td>$72.50</td>
<td>$112.5K</td>
<td>3.3K</td>
<td align="right">303</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$7.8</td>
<td>$7.6</td>
<td>$7.8</td>
<td>$77.50</td>
<td>$51.4K</td>
<td>1.8K</td>
<td align="right">128</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$6.15</td>
<td>$6.0</td>
<td>$6.15</td>
<td>$75.00</td>
<td>$50.4K</td>
<td>767</td>
<td align="right">82</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$7.9</td>
<td>$7.85</td>
<td>$7.85</td>
<td>$77.50</td>
<td>$48.9K</td>
<td>1.8K</td>
<td align="right">62</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
In light of the recent options history for Wells Fargo, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Wells Fargo's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,992,850, with WFC's price down by -0.18%, positioned at $71.47.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 34 days.</li>
</ul>
<h3>Expert Opinions on Wells Fargo</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $82.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Wells Fargo, targeting a price of $82. 
&#x2A; Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Market Perform rating for Wells Fargo, targeting a price of $79. 
&#x2A; An analyst from Goldman Sachs persists with their Buy rating on Wells Fargo, maintaining a target price of $82. 
&#x2A; An analyst from UBS persists with their Buy rating on Wells Fargo, maintaining a target price of $85. 
&#x2A; Maintaining their stance, an analyst from Compass Point continues to hold a Neutral rating for Wells Fargo, targeting a price of $83. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wells Fargo, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Wells Fargo Unusual Options Activity For December 12

Compass Point analyst David Rochester maintains Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) with a Neutral and raises the price target from $60 to $83.

Price Target

Analyst Ratings

Compass Point Maintains Neutral on Wells Fargo, Raises Price Target to $83

UBS analyst Erika Najarian maintains Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) with a Buy and raises the price target from $69 to $85.

UBS Maintains Buy on Wells Fargo, Raises Price Target to $85

Throughout the last three months, 14 analysts have evaluated Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">6</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $69.93, with a high estimate of $82.00 and a low estimate of $60.00. Marking an increase of 8.12%, the current average surpasses the previous average price target of $64.68. 
<img src="https://www.benzinga.com/files/images/story/2024/1733504449_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of Wells Fargo's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$82.00</td>
<td>$72.00</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$75.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>David Konrad</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$79.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$82.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$77.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>David Rochester</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$60.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Glenn Thum</td>
<td>Phillip Securities</td>
<td>Raises</td>
<td>Accumulate</td>
<td>$65.00</td>
<td>$60.83</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$62.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$61.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$71.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Steven Chubak</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$65.00</td>
<td>-</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$68.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$67.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$65.00</td>
<td>$68.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Wells Fargo. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Wells Fargo compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Wells Fargo's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Wells Fargo's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/WFC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Wells Fargo analyst ratings.</a>
<h2>All You Need to Know About Wells Fargo</h2>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
<h3>Breaking Down Wells Fargo's Financial Performance</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Negative Revenue Trend: Examining Wells Fargo's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -2.35% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Wells Fargo's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 23.82%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Wells Fargo's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.99%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Wells Fargo's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.25%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Wells Fargo's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.19.
<h2>What Are Analyst Ratings?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Wells Fargo Through The Eyes Of 14 Analysts

Goldman Sachs analyst Richard Ramsden maintains Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) with a Buy and raises the price target from $72 to $82.

Goldman Sachs Maintains Buy on Wells Fargo, Raises Price Target to $82

Investors with a lot of money to spend have taken a bearish stance on Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with WFC, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 19 uncommon options trades for Wells Fargo.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 47%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $566,293, and 12 are calls, for a total amount of $877,437.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $22.5 and $82.5 for Wells Fargo, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Wells Fargo stands at 4966.0, with a total volume reaching 6,657.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Wells Fargo, situated within the strike price corridor from $22.5 to $82.5, throughout the last 30 days.
<h3>Wells Fargo 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733334381_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$8.75</td>
<td>$8.65</td>
<td>$8.65</td>
<td>$67.50</td>
<td>$168.6K</td>
<td>9.1K</td>
<td align="right">196</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$9.55</td>
<td>$9.45</td>
<td>$9.55</td>
<td>$82.50</td>
<td>$148.9K</td>
<td>7</td>
<td align="right">157</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$51.2</td>
<td>$49.0</td>
<td>$51.2</td>
<td>$22.50</td>
<td>$148.4K</td>
<td>99</td>
<td align="right">29</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.9</td>
<td>$4.8</td>
<td>$4.9</td>
<td>$77.50</td>
<td>$146.5K</td>
<td>568</td>
<td align="right">389</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$2.99</td>
<td>$2.95</td>
<td>$2.95</td>
<td>$77.50</td>
<td>$135.7K</td>
<td>3.6K</td>
<td align="right">29</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Following our analysis of the options activities associated with Wells Fargo, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Wells Fargo</h3>
<ul>
<li>With a volume of 4,170,573, the price of WFC is down -0.19% at $74.0. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 42 days.</li>
</ul>
<h3>Expert Opinions on Wells Fargo</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $78.66666666666667.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Piper Sandler persists with their Neutral rating on Wells Fargo, maintaining a target price of $75. 
&#x2A; An analyst from Keefe, Bruyette &amp; Woods persists with their Market Perform rating on Wells Fargo, maintaining a target price of $79. 
&#x2A; Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Wells Fargo, targeting a price of $82. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Wells Fargo with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With WFC

Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) plans to sell <a href="https://www.benzinga.com/topic/wells-fargo">its San Francisco headquarters</a> building and relocate to offices less than half a mile away.
The Wall Street Journal <a href="https://www.wsj.com/finance/banking/wells-fargo-to-sell-san-francisco-headquarters-3da48964" target="_blank" rel="noreferrer noopener">reported</a> that Wells Fargo&#8217;s property at 420 Montgomery St. could be listed for sale later this month. While the bank will retain its headquarters in San Francisco, it has engaged Eastdil Secured, its former real estate investment bank, to manage the transaction, according to a source familiar with the matter.
Wells Fargo spokesperson stated that consolidating more employees at its 333 Market St. location is intended to foster a collaborative work environment supported by modern workspaces, advanced technology, and improved amenities.
Wells Fargo&#8217;s decision adds to the challenges facing San Francisco&#8217;s struggling downtown real estate market. Founded in 1852, the bank is reshaping its presence in the city under CEO Charlie Scharf.
Price Action: WFC shares are trading lower by 1.2% at $73.18 at last check Wednesday.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42242566/700000-left-despite-11-decline-california-still-among-top-states-for-movers-why" target="_blank" rel="noreferrer noopener">700,000 Left – Despite 11% Decline, California Still Among Top States for Movers – Why?</a></li>
</ul>
Photo: Shutterstock

Wells Fargo To Sell San Francisco HQ, Relocates Staff Nearby: Report

Piper Sandler analyst Scott Siefers maintains Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) with a Neutral and raises the price target from $62 to $75.

Piper Sandler Maintains Neutral on Wells Fargo, Raises Price Target to $75

Keefe, Bruyette &amp; Woods analyst David Konrad maintains Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) with a Market Perform and raises the price target from $61 to $79.

Keefe, Bruyette & Woods Maintains Market Perform on Wells Fargo, Raises Price Target to $79

Wells Fargo's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) short percent of float has risen 4.85% since its last report. The company recently reported that it has 36.60 million shares sold short, which is 1.08% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.81 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Wells Fargo Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733166017_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Wells Fargo has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Wells Fargo's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Wells Fargo's peer group average for short interest as a percentage of float is 1.09%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Wells Fargo's Recent Short Interest

Whales with a lot of money to spend have taken a noticeably bearish stance on Wells Fargo.
Looking at options history for Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) we detected 35 trades.
If we consider the specifics of each trade, it is accurate to state that 31% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $202,502 and 30, calls, for a total amount of $1,887,466.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $100.0 for Wells Fargo during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Wells Fargo's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Wells Fargo's substantial trades, within a strike price spectrum from $50.0 to $100.0 over the preceding 30 days.
<h3>Wells Fargo Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732654186_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$11.15</td>
<td>$11.15</td>
<td>$11.15</td>
<td>$70.00</td>
<td>$223.0K</td>
<td>3.1K</td>
<td align="right">200</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.0</td>
<td>$19.9</td>
<td>$19.9</td>
<td>$60.00</td>
<td>$198.9K</td>
<td>10.2K</td>
<td align="right">150</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$9.75</td>
<td>$8.25</td>
<td>$9.1</td>
<td>$72.50</td>
<td>$182.0K</td>
<td>485</td>
<td align="right">0</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.15</td>
<td>$8.4</td>
<td>$9.1</td>
<td>$75.00</td>
<td>$91.0K</td>
<td>12.6K</td>
<td align="right">102</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$5.25</td>
<td>$5.15</td>
<td>$5.19</td>
<td>$72.50</td>
<td>$90.7K</td>
<td>3.1K</td>
<td align="right">172</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
<h3>Where Is Wells Fargo Standing Right Now?</h3>
<ul>
<li>With a trading volume of 12,434,040, the price of WFC is up by 0.7%, reaching $77.44.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 50 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Wells Fargo</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $79.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Wells Fargo with a target price of $82. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Wells Fargo with a target price of $77. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Wells Fargo with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Decoding Wells Fargo's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bullish stance on Wells Fargo.
Looking at options history for Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $459,983 and 6, calls, for a total amount of $1,644,858.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $105.0 for Wells Fargo during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Wells Fargo's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Wells Fargo's whale trades within a strike price range from $70.0 to $105.0 in the last 30 days. 
<h3>Wells Fargo Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732304812_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.62</td>
<td>$2.58</td>
<td>$2.6</td>
<td>$77.50</td>
<td>$1.0M</td>
<td>10.1K</td>
<td>4.1K</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.65</td>
<td>$1.63</td>
<td>$1.65</td>
<td>$80.00</td>
<td>$430.2K</td>
<td>15.4K</td>
<td>2.6K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$9.25</td>
<td>$9.05</td>
<td>$9.05</td>
<td>$72.50</td>
<td>$161.9K</td>
<td>793</td>
<td>179</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$30.15</td>
<td>$29.35</td>
<td>$29.97</td>
<td>$105.00</td>
<td>$149.8K</td>
<td>100</td>
<td>50</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$5.1</td>
<td>$4.9</td>
<td>$4.92</td>
<td>$80.00</td>
<td>$98.4K</td>
<td>222</td>
<td>200</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
After a thorough review of the options trading surrounding Wells Fargo, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Wells Fargo's Current Market Status</h3>
<ul>
<li>Trading volume stands at 6,445,834, with WFC's price up by 1.14%, positioned at $75.68.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 54 days.</li>
</ul>
<h3>What Analysts Are Saying About Wells Fargo</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $79.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Citigroup has decided to maintain their Neutral rating on Wells Fargo, which currently sits at a price target of $82. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Wells Fargo with a target price of $77. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Wells Fargo options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

A Closer Look at Wells Fargo's Options Market Dynamics

As President-elect Donald Trump prepares to return to the White House, renowned economist Mohamed El-Erian is cautioning against media oversimplification of the incoming administration&#8217;s proposed tariff strategies.
What Happened: In a recent statement on X, El-Erian highlighted the intricate nature of Trump&#8217;s tariff discussions, noting that the proposed economic policies encompass at least three complex economic stages influenced by multiple factors, including trade flows, corporate pricing strategies, and geopolitical considerations.
El-Erian&#8217;s core message remains clear: Trump&#8217;s tariff debate requires sophisticated, nuanced analysis that transcends simplistic narratives. &#8220;The issue is quite complex,&#8221; he emphasized, underscoring the need for comprehensive economic understanding beyond headline rhetoric.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It should come as no surprise that the media tends to oversimplify the U.S. tariff debate, with both sides of the argument contributing to this. The issue is quite complex, involving at least three economic stages, each with various possibilities given the influences in play. The…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1859287383075848351?ref_src=twsrc%5Etfw">November 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Trump&#8217;s proposed economic blueprint, which includes a universal tariff of up to 20% on imports and potentially up to 60% on Chinese goods, has sparked intense economic debate. Tech investor Peter Thiel suggests these tariffs could significantly impact Chinese companies while causing minimal <a href="https://www.benzinga.com/markets/24/11/42028954/peter-thiel-says-trumps-60-china-tariff-would-be-very-very-bad-for-beijing-heres-whats-at-stake">disruption to U.S. consumers</a>.
See Also: <a href="https://www.benzinga.com/24/11/42102366/bitcoin-taps-95k-ethereum-dogecoin-flat-as-trumps-crypto-policy-takes-shape-top-analyst-describes-btcs-path-to-135k">Bitcoin Hits $95K For The First Time Ever, Ethereum, Dogecoin Flat As Trump&#8217;s Crypto Policy Takes Shape: Top Analyst Describes BTC&#8217;s Path To $135K</a>
Why It Matters: Goldman Sachs economist David Mericle warns that Trump&#8217;s proposed universal tariff could push <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs">inflation back to 3%</a>, potentially complicating Federal Reserve monetary strategies. 
The National Retail Federation estimates Trump&#8217;s tariff proposals could reduce annual consumer <a href="https://www.benzinga.com/news/24/11/41737933/trump-tariff-proposed-may-cost-americans-78b-in-spending-study">spending by $78 billion</a>.
Prominent business leaders have voiced concerns. Citadel LLC CEO Ken Griffin described Trump&#8217;s proposed tariffs as a &#8220;long, slippery slope&#8221; that <a href="https://www.benzinga.com/news/global/24/11/42056528/gop-megadonor-ken-griffin-warns-of-slippery-slope-in-trumps-tariff-policies-sees-us-returning-to-the-business-of-business">could hamper U.S. global competitiveness</a>. 
Retailers like AutoZone and Columbia Sportswear have signaled potential price increases that would be <a href="https://www.benzinga.com/news/24/11/41871407/trumps-tariffs-deportations-and-tax-cuts-may-push-prices-higher-experts-say-its-pretty-clear?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42027079">passed directly to consumers</a>.
"Tariffs would create a headwind to the performance of stocks with high international revenue exposure due to the risk of retaliatory tariffs and heightened geopolitical tensions," Goldman Sachs analyst David Kostin stated.
Goldman Sachs noted that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39467825/us-election-and-tariff-prospects-set-to-threaten-internationally-exposed-stocks-gol">U.S. stocks with domestic sales focus outperformed</a> those with international exposure by 1 percentage point the day after Trump's election and by 4 pp in the following month but underperformed by 9 pp in the next 12 months.
Key stocks in its Domestic Sales Basket include CVS Health Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), T-Mobile US Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), Lowe's Cos. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>), and Union Pacific Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>).
The International Sales Basket includes Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), Mastercard Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), QUALCOMM Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), McDonald's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), and Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42103600/us-dollar-may-test-10860-level-as-geopolitical-tensions-cautious-fed-rhetoric-and-solid-us-economic-data-may-push-the-greenback-higher-says-expert">Dollar Upside On The Cards Amid Geopolitical Tensions, Cautious Fed And Solid US Economic Data, Says Expert</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>

Global

Economics

AMAT

AVGO

INTC

INTU

NFLX

QCOM

TMUS

Mohamed El-Erian Warns Against Simplistic Narratives As Trump Plans Aggressive Tariff Strategy: 'The Issue Is Quite Complex'

In the latest quarter, 13 analysts provided ratings for Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">7</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">5</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $67.15, a high estimate of $82.00, and a low estimate of $60.00. This upward trend is apparent, with the current average reflecting a 3.63% increase from the previous average price target of $64.80.
<img src="https://www.benzinga.com/files/images/story/2024/1732035612_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of Wells Fargo's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Keith Horowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$82.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$77.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>David Rochester</td>
<td>Compass Point</td>
<td>Raises</td>
<td>Neutral</td>
<td>$60.00</td>
<td>$57.00</td>
</tr>
<tr>
<td>Glenn Thum</td>
<td>Phillip Securities</td>
<td>Raises</td>
<td>Accumulate</td>
<td>$65.00</td>
<td>$60.83</td>
</tr>
<tr>
<td>Scott Siefers</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$62.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Gerard Cassidy</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$61.00</td>
<td>$61.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$71.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Steven Chubak</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$65.00</td>
<td>-</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$68.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Betsy Graseck</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$67.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Richard Ramsden</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$65.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$65.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Matt O'Connor</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Buy</td>
<td>$65.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Wells Fargo. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Wells Fargo compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Wells Fargo's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Wells Fargo's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/WFC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Wells Fargo analyst ratings.</a>
<h2>Unveiling the Story Behind Wells Fargo</h2>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
<h3>Key Indicators: Wells Fargo's Financial Health</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Wells Fargo's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -2.35%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Wells Fargo's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 23.82%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Wells Fargo's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.99%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.25%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Wells Fargo's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.19.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Wells Fargo: Insights From 13 Financial Analysts

Hartford Dividend And Growth Fund Q3 2024 Commentary

Hartford Balanced Income Fund Q3 2024 Commentary

Hartford Quality Value ETF Q3 2024 Commentary

The Federal Reserve stated: "In view of the evolving legal landscape, the Federal Reserve Board will soon seek public comment on significant change...

Fed to seek public comment on changes to bank stress tests

Wells Fargo: Not Much Value For Long-Term Investors

Tracking William Nygren's Harris Associates Portfolio - Q3 2024 Update

Bank of America ($BAC) has entered into a consent order with the Office of the Comptroller of the Currency (OCC) for deficiencies in its anti-money...

Bank of America (BAC) Agrees to Consent Order to Address AML Concerns

Fed mulls major changes to bank stress tests due to 'evolving legal landscape'

Groups representing U.S. banks and businesses said on Tuesday they were suing the Federal Reserve to challenge what they described as the "opaque a...

Banks, business groups sue Fed over stress test framework, Reuters reports

Wells Fargo Stock Is Becoming Too Expensive (Rating Downgrade)

AAPL

ALLY

AMZN

CBRE

CHTR

CMCSA

CRBG

CSCO

CTVA

DFNL

FCNCA

FTXO

GOOG

GOOGL

HSRT

KBWB

KBWD

KVUE

MSFT

NDAQ

ORCL

PAYC

QUVU

RYAAY

SCHW

TSLA

WFCNP

Press Releases

Wells Fargo & Company Announces Common Stock Dividend

Wells Fargo Offers Customers a Convenient Way to Check Out Online With Paze

Wells Fargo to Present at the BancAnalysts Association of Boston Conference

Wells Fargo Bank Decreases Prime Rate to 7.75 Percent

American Generosity Squeezed by Economic Uncertainty, According to Wells Fargo Study

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Wells Fargo Supports Disaster Recovery With $2 million Grant to Team Rubicon

Wells Fargo to Present at the Goldman Sachs Financial Services Conference

Wells Fargo Investment Institute Signals the U.S. is Positioned to Power the Global Economy in 2025

Wells Fargo Bank Decreases Prime Rate to 7.50 Percent

Bank of America

Banco Bradesco Sa American Depositary Shares

Bank Bradesco

Banco Bradesco Sa American Depositary Shares (each representing one Common Share)

Banco Bilbao Vizcaya Argentaria S.A. Common Stock

BBVA

Barclays

Banco Santander Brasil SA American Depositary Shares, each representing one unit

Banco Santander

Citigroup

First Citizens BancShares, Inc. - Class A Common Stock

First Citizens BancShares

Fifth Third Bancorp

HDFC Bank

HSBC Holdings

ICICI Bank

ING Groep

Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares)

Itau Unibanco Holding

JPMorgan Chase

KB Financial Group

Lloyds Banking Group Plc American Depositary Shares

Lloyds Banking Group

Mizuho Financial Group, Inc. Sponosred ADR (Japan)

Mizuho Financial Gr

Mitsubishi UFJ Financial Group, Inc. Common Stock

Mitsubishi UFJ Finl Gr

Nu Holdings

NatWest Group plc American Depositary Shares, (each representing two (2) Ordinary Shares)

NatWest Group

PNC Financial Services Group, Inc. (The) Common Stock

PNC Finl Servs Gr

Banco Santander, S.A. Sponsored ADR (Spain)

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan)

Comments

Wells Fargo

매도 수량

Wells Fargo (NYSE:WFC) 주식, 공매도 수량 보고

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌