Wells Fargo Faces Three Price Target Cuts Amid Concerns Over Profitability Targets
Wells Fargo (WFC) experienced three price target cuts from Barclays, Bank of America, and Piper Sandler following its Q1 2026 earnings report. Despite the cuts, analysts maintained constructive ratings, but concerns remain about the bank's ability to meet its medium-term ROTCE targets. The stock fell to $80.75, down 13% year-to-date.
Tickers: $WFC
Topics: Analyst Ratings Banking Sector Earnings Analysis Price Target Cuts Wells Fargo