On July 2, 2025, Citigroup analyst Keith Horowitz released an updated coverage on Wells Fargo (WFC, Financial), maintaining a 'Neutral' rating while raising the company's price target. The new price target is now set at $85.00 USD, up from the previous $78.00 USD. This adjustment represents an 8.97% increase from the prior price target.
The decision to maintain a 'Neutral' rating suggests that while Citigroup acknowledges some potential upside in Wells Fargo's stock price, they remain cautious about its future performance relative to the market. The revised target of $85.00 USD reflects an updated outlook based on current market conditions and company-specific developments.
Investors and market analysts often closely monitor changes in price targets and ratings by prominent financial institutions like Citigroup, as these can influence market sentiment and stock movements. The updated price target for Wells Fargo (WFC, Financial) may play a role in guiding investor strategies and expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Wells Fargo & Co (WFC, Financial) is $82.54 with a high estimate of $93.00 and a low estimate of $58.92. The average target implies an upside of 0.52% from the current price of $82.12. More detailed estimate data can be found on the Wells Fargo & Co (WFC) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Wells Fargo & Co's (WFC, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Wells Fargo & Co (WFC, Financial) in one year is $60.53, suggesting a downside of 26.29% from the current price of $82.115. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Wells Fargo & Co (WFC) Summary page.
