Evercore ISI raised the firm’s price target on Wells Fargo (WFC) to $98 from $94 and keeps an Outperform rating on the shares. Regional bank and specialty finance trends “appear solid” for Q3, but full momentum in earnings might not be seen until early 2026, the analyst tells investors in a preview for the group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WFC:
- EA acquired in go-private deal for $55B, Carnival reports Q3 beat: Morning Buzz
- EA downgraded, AppLovin initiated: Wall Street’s top analyst calls
- Wells Fargo downgraded to Equal Weight from Overweight at Morgan Stanley
- Cardlytics benefits from Wells Fargo push into cards, Citron says
- Crypto Currents: HSBC joins institutional wave of blockchain technology backing