StocksMedium•5 October 2026•
1 min read
Morgan Stanley Upgrades Wells Fargo to Overweight with $102 Price Target
Key Facts
1Morgan Stanley upgraded Wells Fargo from Equalweight to Overweight and set a price target of $102.00.
2Analysts expect net interest margin to stabilize at 2.42% through Q1 2027, eventually expanding to 2.49%.
Morgan Stanley upgraded Wells Fargo from Equalweight to Overweight and set a price target of $102.00. Investing.com reported that the upgrade is based on expectations of improved earnings and increased revenue from client relationships as the bank enters a transition phase in 2026.
WFC closed at $80.45 on October 2, 2026, while MS closed at $190.31 on the same date. Within the banking sector, JPM closed at $332.38 and BAC closed at $53.75 on October 2, 2026, amid analyst expectations for Wells Fargo's net interest margin to stabilize at 2.42% before eventually expanding to 2.49%.