Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth
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Wells Fargo (WFC) PT Raised to $87 at Morgan Stanley, 'We expect Wells will raise its ROTCE target of 15% to 15-17%+'
June 4, 2025 7:39 AM EDTMorgan Stanley analyst Betsy Graseck raised the price target on Wells Fargo (NYSE: WFC) to $87.00 (from $77.00) while maintaining a Overweight rating.
The analyst comments "We are raising 2025 EPS by 3c (0.5%) to $5.61, raising 2026 EPS 24c (4%) to $6.67, and raising 2027 EPS 52c (7%) to $8.13 on faster... More
Wells Fargo (WFC) PT Raised to $90 at BofA Securities, 'Should investors sell the news? We don’t think so'
June 4, 2025 7:38 AM EDTBofA Securities analyst Ebrahim Poonawala raised the price target on Wells Fargo (NYSE: WFC) to $90.00 (from $83.00) while maintaining a Buy rating.
The analyst comments "Removal of the asset-cap is a positive catalyst, both fundamentally and for stock valuation. We think... More
Barclays on Wells Fargo (WFC): 'Asset cap removal should be accretive to both EPS and P/E over time'
June 4, 2025 7:38 AM EDTBarclays analyst Jason Goldberg reiterated an Overweight rating and $87.00 price target on Wells Fargo (NYSE: WFC)
The analyst comments "We believe WFC's asset cap removal will be accretive to both EPS (increases in commercial deposits, trade financing, and loans plus... More
JPMorgan on Wells Fargo (WFC): 'Long Expected Asset Cap Lift; Trading, Commercial Deposits Key Growth Areas - Some Likely Capital Use'
June 4, 2025 7:37 AM EDTJPMorgan analyst Vivek Juneja reiterated a Neutral rating and $73.50 price target on Wells Fargo (NYSE: WFC)
The analyst comments "Wells Fargos asset cap was lifted yesterday by the Fed. This lift has been long expected since the news in the media last September of a tangible milestone achieved in this process. When that news became public, Wells Fargos stock... More
