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>> WELLS FARGO Latest News

JAN 29, 2013 - MarketWatch

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Fifth Third Bancorp raised, PNC cut at Wells Fargo

NEW YORK (MarketWatch) -- Fifth Third Bancorp was upgraded to an outperform rating from market perform and PNC Financial Services Group Inc. was downgraded to market perform from outperform by Wells Fargo Securities on Tuesday. Fifth Third's earnings-per-share estimate for 2013/2014 were revised to $1.67/$1.80 from $1.65/$1.70 on "recent management guidance and enhanced capital return potential," Wells Fargo analysts wrote in a research report. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Tags: Fifth Third Bancorp raised, PNC cut at Wells Fargo,  Wells Fargo Latest News