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Even if a worst-case scenario occurred (bank runs, lenders having to cover large-scale deposits), Morningstar strategist Eric Compton evidently feels that Wells Fargo is well-positioned to survive.
Source: https://investorplace.com/2023/04/bet-on-a-big-bank-blastoff-with-wfc-stock/
"The bank's acquisition of First Horizon is also not looking great in the current context," Eric Compton, equity analyst at Morningstar, told Reuters via email.