Friday, September 2, 2011

Wells Fargo Getting Into Commercial Real Estate

As we mentioned in our blog earlier, Wells Fargo has recently placed emphasis on Commercial Real Estate. In a post you might have missed, here's additional insights regarding the recent shift of focus of Wells Fargo towards CRE by Shayne Heffernan via Live Trading News:
Wells Fargo & Company NYSE:WFC has been upgraded to a Must Own bank with a 2012 price target of $37 issued today by Shayne Heffernan. The bank favored by Warren Buffett now looks like it belongs in everyone’s portfolio. The stock is off around 20% and this is your chance to own one of Buffett’s personal favorites at a bargain price.
Interesting times we're in. Have a safe and enjoyable Labor Day weekend everyone!

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