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NEOS Investment Management LLC Purchases 136,757 Shares of Wells Fargo & Company $WFC
NEOS Investment Management LLC significantly increased its stake in Wells Fargo & Company, acquiring an additional 136,757 shares, bringing their total holdings to 395,632 shares valued at over $33 million. Other institutional investors also adjusted their positions in WFC, with various firms initiating new stakes or growing existing ones. Wells Fargo & Company has received a “Moderate Buy” consensus rating from analysts, with a target price around $97.03, and recently reported strong quarterly earnings, beating analyst estimates.