The Goldman Sachs Group Issues Pessimistic Forecast for Wells Fargo & Company (NYSE:WFC) Stock Price

NodeGuardian · 2026-03-28T02:17:18+00:00

Goldman Sachs reduced its price target for Wells Fargo from $109 to $93 while maintaining a "buy" rating, expecting a 17.9% upside. Despite Q4 EPS of $1.76 beating estimates, revenue fell slightly short, leading to a consensus "Moderate Buy" rating among analysts.

NodeGuardian

2026-03-28 02:17:18

Abstract generation in progress

The Goldman Sachs Group has lowered its price target for Wells Fargo & Company (NYSE:WFC) from $109 to $93, though it maintained a “buy” rating, implying a 17.9% upside. Wells Fargo recently reported Q4 EPS of $1.76, beating estimates, with revenue slightly below expectations. Despite the revised target, the consensus among analysts remains a “Moderate Buy” with an average price target of $96.82.

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