Piper Sandler analyst R. Scott Siefers raised the firm’s price target on Wells Fargo to $62 from $60 and keeps a Neutral rating on the shares. The firm is adjusting its EPS estimates following the bank’s Q3 earnings and updated guidance. Specifically, Piper’s 2024 EPS goes from $5.01 to $5.34 and reflects both the Q3’s solid outperformance and follow-through to Q4.
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