RBC Capital Reaffirms Their Buy Rating on Wells Fargo (WFC)
In a report released yesterday, Gerard Cassidy from RBC Capital maintained a Buy rating on Wells Fargo, with a price target of $100.00. The company’s shares closed yesterday at $81.70.
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Cassidy covers the Financial sector, focusing on stocks such as Goldman Sachs Group, PNC Financial, and Fifth Third Bancorp. According to TipRanks, Cassidy has an average return of 14.8% and a 71.40% success rate on recommended stocks.
In addition to RBC Capital, Wells Fargo also received a Buy from Piper Sandler’s Scott Siefers in a report issued today. However, on the same day, Morgan Stanley assigned a Hold rating to 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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- Wells Fargo price target lowered to $95 from $107 at BofA
- Wells Fargo price target lowered to $98 from $101 at Keefe Bruyette
- Wells Fargo price target lowered to $94 from $100 at Piper Sandler
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