Wells Fargo price target lowered to $54 from $64 at Barclays

Barclays analyst Jason Goldberg lowered the firm’s price target on Wells Fargo to $54 from $64 and keeps an Overweight rating on the shares ahead of the Q1 results. The analyst expects the bank’s net interest margin to decline from the Q4 high, but says attention will likely be on deposit levels and consent order resolutions.