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Stock impact report

Truist and Evercore Lower Wells Fargo (WFC) Price Targets, Stay Bullish [Yahoo! Finance]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Yahoo! Finance
price target on Wells Fargo & Company (NYSE:WFC) from $104 to $100 and kept its Buy rating. The firm reduced its EPS estimates for 2026 and 2027 mainly because of lower expected fee income and higher expenses. Truist Securities lowered its 2026 EPS forecast for Wells Fargo & Company (NYSE:WFC) from $7.15 to $6.95 and its 2027 EPS forecast to $8.00, which is $0.15 less than its earlier forecast. The research firm updated its outlook to incorporate about 5% annual revenue growth and expense growth of 1-2% over the next two years. This aligns with the company's updated expense guidance of about $55.7 billion in 2026. Also on January 15, Evercore ISI lowered its price target on Wells Fargo & Company (NYSE:WFC) from $110 to $105 and kept its Outperform rating. This decision came after the company reported Q4 2025 results. Evercore ISI reduced its EPS estimates for 2026 and 2027 by 1% and 2%, respectively, to $7.17 and $8.32. These revisions reflect expectations of slightly lower net Show less Read more
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