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WFC — Wells Fargo & Company News Story

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Wells Fargo rises as CFO signals upbeat annual loan growth

BUZZ-Wells Fargo rises as CFO signals upbeat annual loan growth

** Shares of lender Wells Fargo WFC.N rise 1.45% to $90 in premarket trading

** Annual loan growth will likely be better than guided, CFO Mike Santomassimo says at Barclays Financial Services Conference

** Expects net interest margin to be better than guidance in the third quarter

** Wall Street is closely watching the industry conference for commentary on deal pipelines and updates on consumer health from major U.S. banks

** 17 of 26 analysts rate stock "strong buy" or "buy" and nine "hold"; their median PT is $102 - data compiled by LSEG

** As of last close, stock down 4.8% YTD




(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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