Critical Insights From Wells Fargo Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo (NYSE:WFC) has received mixed analyst ratings over the past three months, with 11 analysts offering a range of bullish to indifferent perspectives. The average 12-month price target for WFC has increased to $53.72, up from $50.57, with a high estimate of $66.00 and a low of $47.00. Analysts have adjusted their ratings and price targets, reflecting their latest views on the company's performance. Wells Fargo, a major U.S. bank with $1.9 trillion in assets, faces challenges in revenue growth, net margin, ROE, ROA, and debt management, which may impact its stock performance.
January 18, 2024 | 1:00 pm
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NEUTRAL IMPACT
Wells Fargo has received a range of analyst ratings with an updated average 12-month price target of $53.72. The bank is facing challenges in revenue growth, profitability, and debt management, which could influence its stock performance.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on WFC's stock price. The financial challenges highlighted, such as revenue decline and lower profitability metrics, could counteract any positive sentiment from the raised price targets. The score reflects this balance of factors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100