Wells Fargo analysts reboot stock price targets after Fed action
This is what could happen next to Wells Fargo shares.
Pervasive and persistent misconduct.
Those were the words that then-Federal Reserve Chairwoman Janet Yellen aimed directly at Wells Fargo (WFC) on Feb. 2, 2018, in light of what the Fed called "widespread consumer abuses and other compliance breakdowns," which included employees routinely opening fake accounts and credit cards.
