StocksMediumUpdated•Originally published 15 October 2026•Updated 15 October 2026•
1 min read
Analysts Raise Wells Fargo Target to $97 Following Removal of Fed Asset Cap
Key Facts
1Wells Fargo is targeting $13 billion in net interest income for the fourth quarter of 2026.
2The bank cited deposit growth and consumer lending momentum as key drivers for its profitability outlook.
Analysts raised Wells Fargo's price target to $97, projecting earnings per share to reach $8.07 by 2027. The upward revision follows the Federal Reserve's decision to remove the asset growth caps previously imposed on the bank.
WFC closed at $80.90 on October 14, 2026, while peers JPM and BAC closed at $335.28 and $51.39, respectively, on the same date. The new projections complement the bank's existing target of $13 billion in net interest income for the fourth quarter of 2026, driven by deposit growth and consumer lending momentum.