Wells Fargo should buy lender CIT Group, analyst says | Reuters

Wells Fargo should buy lender CIT Group, analyst says | Reuters: (Reuters) - "Wells Fargo & Co, (WFC.N) the fourth-largest U.S. bank, could boost its profits by buying CIT Group Inc (CIT.N) even if it pays a 33 percent premium for the specialty lender, Stifel Nicolaus analyst Christopher Mutascio said on Monday."