Morgan Stanley Lowers Wells Fargo & Company (NYSE:WFC) Price Target to $100.00

Wells Fargo & Company (NYSE:WFC) had its price objective lowered by stock analysts at Morgan Stanley from $108.00 to $100.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the financial services provider’s stock. Morgan Stanley’s price target would suggest a potential upside of 24.04% from the company’s current price.

Several other research firms also recently issued reports on WFC. JPMorgan Chase & Co. increased their target price on Wells Fargo & Company from $99.00 to $99.50 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Wolfe Research reiterated an “outperform” rating and issued a $109.00 price target on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Truist Financial decreased their price objective on Wells Fargo & Company from $98.00 to $94.00 and set a “buy” rating on the stock in a research note on Tuesday, March 17th. Argus increased their price objective on Wells Fargo & Company from $94.00 to $101.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Finally, The Goldman Sachs Group cut their target price on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Wells Fargo & Company presently has an average rating of “Moderate Buy” and a consensus price target of $98.13.

Wells Fargo & Company Stock Performance

NYSE WFC opened at $80.62 on Tuesday. The company’s 50 day moving average is $84.09 and its 200-day moving average is $86.21. Wells Fargo & Company has a 12-month low of $58.42 and a 12-month high of $97.76. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.05. The firm has a market cap of $248.75 billion, a P/E ratio of 12.86, a price-to-earnings-growth ratio of 0.85 and a beta of 1.06.

Wells Fargo & Company (NYSE:WFC) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 EPS for the quarter, topping the consensus estimate of $1.66 by $0.10. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The company had revenue of $21.29 billion during the quarter, compared to the consensus estimate of $21.63 billion. During the same period last year, the firm earned $1.43 EPS. Wells Fargo & Company’s revenue for the quarter was up 4.5% on a year-over-year basis. Sell-side analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Insider Transactions at Wells Fargo & Company

In related news, EVP Ellen R. Patterson sold 60,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $87.40, for a total value of $5,244,000.00. Following the sale, the executive vice president owned 169,496 shares in the company, valued at approximately $14,813,950.40. This trade represents a 26.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Kleber Santos sold 25,000 shares of Wells Fargo & Company stock in a transaction on Friday, February 20th. The shares were sold at an average price of $87.72, for a total value of $2,193,000.00. Following the sale, the executive vice president directly owned 79,876 shares of the company’s stock, valued at $7,006,722.72. This represents a 23.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 115,000 shares of company stock valued at $10,050,000. 0.08% of the stock is currently owned by company insiders.

Institutional Trading of Wells Fargo & Company

Large investors have recently modified their holdings of the business. Godfrey Financial Associates Inc. bought a new stake in Wells Fargo & Company during the fourth quarter valued at approximately $25,000. Miller Capital Partners Inc. purchased a new position in Wells Fargo & Company in the 4th quarter worth approximately $25,000. Navalign LLC purchased a new stake in shares of Wells Fargo & Company during the 4th quarter valued at $26,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Wells Fargo & Company during the 3rd quarter valued at $27,000. Finally, Marquette Asset Management LLC lifted its holdings in shares of Wells Fargo & Company by 472.4% during the 3rd quarter. Marquette Asset Management LLC now owns 332 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 274 shares during the last quarter. Institutional investors own 75.90% of the company’s stock.

Key Stories Impacting Wells Fargo & Company

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: HSBC upgraded WFC from “hold” to “buy” with a $94 price target, creating fresh buy-side momentum and an implied upside to current levels. HSBC Upgrade
• Positive Sentiment: Broker consensus remains constructive — WFC reportedly has an average rating around “Moderate Buy,” which supports continued investor interest in the shares. Brokerage Consensus
• Neutral Sentiment: Market commentary from Wells Fargo’s CEO argues Main Street economic indicators are resilient despite geopolitical noise, which can reassure investors that the bank’s underlying fundamentals may hold up. CEO Comments
• Neutral Sentiment: Analyst and market pieces are flagging WFC’s upcoming quarterly report as a near-term catalyst — expectations and the question of whether WFC will beat consensus will likely drive short-term moves. Earnings Preview
• Negative Sentiment: Morgan Stanley trimmed its price target to $100 and set an “equal weight” rating, which can cap upside and introduces some conflicting analyst views into the tape. Morgan Stanley Target Cut
• Negative Sentiment: Wells Fargo’s own equity research cut the 2026 S&P 500 target (to 7,300) citing the U.S.-Iran war and weaker tax receipts — a more cautious macro outlook that increases downside risk for bank shares if geopolitical/headline risk persists. S&P 500 Forecast Cut

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.