Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Barclays Sticks to Its Buy Rating for Wells Fargo (WFC)

Tipranks - Thu Apr 16, 4:06AM CDT

In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Wells Fargo, with a price target of $108.00.

Claim 30% Off TipRanks

Goldberg covers the Financial sector, focusing on stocks such as JPMorgan Chase, M&T Bank, and PNC Financial. According to TipRanks, Goldberg has an average return of 13.3% and a 69.54% success rate on recommended stocks.

In addition to Barclays, Wells Fargo also received a Buy from Bank of America Securities’s Ebrahim Poonawala in a report issued on April 7. However, on the same day, J.P. Morgan maintained a Hold rating on Wells Fargo (NYSE: WFC).

Based on Wells Fargo’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $31.82 billion and a net profit of $5.36 billion. In comparison, last year the company earned a revenue of $30.6 billion and had a net profit of $5.08 billion

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WFC in relation to earlier this year. Most recently, in February 2026, Ellen R Patterson, the Sr. EVP and GC of WFC sold 60,000.00 shares for a total of $5,244,000.00.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.