Robert W. Baird has upgraded Wells Fargo & Company (NYSE:WFC) from an “underperform” to a “neutral” rating, setting an $85 price target. This upgrade comes despite other firms issuing varied ratings, with the consensus among analysts being a “Moderate Buy” with an average target price of $97.03. Wells Fargo recently surpassed quarterly EPS estimates, reporting $1.76 against an expected $1.66.
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Wells Fargo & Company (NYSE:WFC) Upgraded at Robert W. Baird
Robert W. Baird has upgraded Wells Fargo & Company (NYSE:WFC) from an “underperform” to a “neutral” rating, setting an $85 price target. This upgrade comes despite other firms issuing varied ratings, with the consensus among analysts being a “Moderate Buy” with an average target price of $97.03. Wells Fargo recently surpassed quarterly EPS estimates, reporting $1.76 against an expected $1.66.