tag:blogger.com,1999:blog-3323125037607548189.post3969096354607829030..comments2024-03-15T02:40:09.484-04:00Comments on Wall Street Manna: Goldman upgrades Wells FargoPalmonihttp://www.blogger.com/profile/17670456087642069778noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3323125037607548189.post-21146901610264673332009-10-05T11:04:06.430-04:002009-10-05T11:04:06.430-04:00No there's a different side to the story--Gold...No there's a different side to the story--Goldman said that "normalized earnings" would be 39% higher-thus WFC was selling at 6x normalized earnings. Easy to make money when your cost of money is freePalmonihttps://www.blogger.com/profile/17670456087642069778noreply@blogger.comtag:blogger.com,1999:blog-3323125037607548189.post-53065018934916068282009-10-05T10:08:50.504-04:002009-10-05T10:08:50.504-04:00"A $35 WFC target price with the past year di..."A $35 WFC target price with the past year dilution makes this stock richer than 2004-2007 when they have a million forms of revenue and the consumer was strong as shit. This is incredible - Wells bank to all time highs."Anonymousnoreply@blogger.com