Wells Fargo drops as Raymond James downgrades stock citing limited upside

Wells Fargo shares took a hit on Monday morning during pre-market trading after Raymond James downgraded the stock from “Outperform” to “Market Perform,” citing limited upside following a sharp rally in recent weeks. Wells Fargo shares dipped 0.9% in premarket trading following the downgrade. The megabank, with a market capitalization of $272 billion, has seen […]