Wells Fargo and Company (WFC)

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Wells Fargo & Company (NYSE:WFC) Price Target Raised to $53.00

Posted by ABMN Staff on May 18th, 2021

Wells Fargo & Company logoWells Fargo & Company (NYSE:WFC) had its target price boosted by analysts at Compass Point from $46.00 to $53.00 in a research note issued on Tuesday, The Fly reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Compass Point’s target price points to a potential upside of 10.65% from the stock’s current price.

WFC has been the subject of several other reports. UBS Group reiterated a “buy” rating and set a $40.00 target price on shares of Wells Fargo & Company in a research note on Wednesday, April 14th. Oppenheimer reiterated a “hold” rating on shares of Wells Fargo & Company in a research note on Tuesday, January 19th. Argus boosted their price target on shares of Wells Fargo & Company from $37.00 to $47.00 in a report on Thursday, April 15th. Robert W. Baird boosted their price target on shares of Wells Fargo & Company from $41.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, April 15th. Finally, Jefferies Financial Group boosted their price target on shares of Wells Fargo & Company from $37.00 to $45.00 and gave the company a “buy” rating in a report on Friday, April 9th. Nine analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $41.96