Barclays Sticks to Its Buy Rating for Wells Fargo (WFC)
In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Wells Fargo, with a price target of $108.00.
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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.
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