Wells Fargo & Co. (WFC, -0.34%) stock fell by 0.1% during premarket trading on Monday after Odeon Capital downgraded it from buy to neutral. Analyst Richard Bove stated that while the bank’s $1.25 per share second-quarter profit beat the consensus analyst estimate of $1.16 per share, there were other data points which were more concerning. Bove stated that while the earnings numbers were positive, a closer look at the results of the company suggested it had stalled its recovery. The real book value of the company appears to be much lower than its stated value. It is possible that the bank will need to inject equity.”