Wells Fargo & Company Stock Recommendations and Price Targets

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. The company was founded in 1852 and is headquartered in San Francisco, California.

This is a list of recent ratings by Wells Fargo & Company.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
11/22/2024	ALGM Allegro MicroSystems	Initiated Coverage	$21.00	$23.00	Overweight	N/A
11/22/2024	AMPH Amphastar Pharmaceuticals	Initiated Coverage	$45.00	$55.00	Equal Weight	N/A
11/22/2024	ADI Analog Devices	Initiated Coverage	$213.00	$220.00	Equal Weight	N/A
11/22/2024	ARM ARM	Initiated Coverage	$133.00	$155.00	Overweight	N/A
11/22/2024	CDNS Cadence Design Systems	Initiated Coverage	$310.00	$350.00	Overweight	N/A
11/22/2024	MXL MaxLinear	Initiated Coverage	$15.00	$14.00	Equal Weight	N/A
11/22/2024	MPWR Monolithic Power Systems	Initiated Coverage	$584.00	$610.00	Equal Weight	N/A
11/22/2024	NXPI NXP Semiconductors	Initiated Coverage	$224.00	$250.00	Overweight	N/A
11/22/2024	ON Onsemi	Initiated Coverage	$69.00	$85.00	Overweight	N/A
11/22/2024	SNPS Synopsys	Initiated Coverage	$559.00	$570.00	Equal Weight	N/A
11/22/2024	TXN Texas Instruments	Initiated Coverage	$198.00	$215.00	Equal Weight	N/A
11/22/2024	ADSK Autodesk	Boost Price Target	$316.00	$340.00 ➝ $350.00	Overweight ➝ Overweight	N/A
11/22/2024	NTAP NetApp	Boost Price Target	$125.00	$135.00 ➝ $140.00	Equal Weight ➝ Equal Weight	N/A
11/22/2024	ESTC Elastic	Boost Price Target	$110.00	$100.00 ➝ $135.00	Overweight ➝ Overweight	N/A
11/22/2024	PG Procter & Gamble	Boost Price Target	$176.00	$188.00 ➝ $190.00	Overweight ➝ Overweight	N/A
11/22/2024	GAP GAP	Boost Price Target	$23.00	$28.00 ➝ $30.00	Overweight ➝ Overweight	N/A
11/21/2024	GEV GE Vernova	Initiated Coverage	$340.00	$385.00	Overweight	N/A
11/21/2024	VERA Vera Therapeutics	Initiated Coverage	$48.00	$70.00	Overweight	N/A
11/21/2024	GLBE Global-E Online	Boost Price Target	$50.00	$45.00 ➝ $60.00	Overweight ➝ Overweight	N/A
11/21/2024	GBDC Golub Capital BDC	Lower Price Target	$15.00	$15.50 ➝ $15.00	Equal Weight ➝ Equal Weight	N/A
11/21/2024	EOG EOG Resources	Boost Price Target	$136.00	$135.00 ➝ $147.00	Equal Weight ➝ Equal Weight	N/A
11/21/2024	SR Spire	Boost Price Target	$72.00	$73.00 ➝ $75.00	Equal Weight ➝ Equal Weight	N/A
11/21/2024	NVDA NVIDIA	Boost Price Target	$144.00	$165.00 ➝ $185.00	Overweight ➝ Overweight	N/A
11/21/2024	PANW Palo Alto Networks	Boost Price Target	$380.00	$416.00 ➝ $450.00	Overweight ➝ Overweight	N/A
11/21/2024	SNOW Snowflake	Boost Price Target	$172.00	$125.00 ➝ $150.00	Equal Weight ➝ Equal Weight	N/A
11/21/2024	WSM Williams-Sonoma	Boost Price Target	$173.00	$140.00 ➝ $165.00	Equal Weight ➝ Equal Weight	N/A
11/20/2024	APP AppLovin	Boost Price Target	$310.00	$250.00 ➝ $360.00	Overweight ➝ Overweight	N/A
11/20/2024	CTVA Corteva	Boost Price Target	$61.00	$65.00 ➝ $67.00	Overweight ➝ Overweight	N/A
11/20/2024	MDT Medtronic	Lower Price Target	$85.00	$106.00 ➝ $98.00	Overweight ➝ Overweight	N/A
11/20/2024	SM SM Energy	Boost Price Target	$46.00	$43.00 ➝ $47.00	Equal Weight ➝ Equal Weight	N/A
11/20/2024	VVV Valvoline	Lower Price Target	$38.00	$46.00 ➝ $44.00	Overweight ➝ Overweight	N/A
11/20/2024	AMZN Amazon.com	Reiterated Rating	$198.00	$197.00	Equal Weight ➝ Equal Weight	N/A
11/20/2024	AS Amer Sports	Boost Price Target	$24.00	$19.00 ➝ $20.00	Equal Weight ➝ Equal Weight	N/A
11/20/2024	WMT Walmart	Boost Price Target	$90.00	$90.00 ➝ $96.00	Overweight ➝ Overweight	N/A
11/20/2024	TRP TC Energy	Boost Price Target	C$70.00	C$74.00 ➝ C$76.00		N/A
11/20/2024	TGT Target	Lower Price Target	$125.00	$180.00 ➝ $150.00	Overweight ➝ Overweight	N/A
11/19/2024	SEPN Septerna	Initiated Coverage	$22.00	$43.00	Overweight	N/A
11/19/2024	FTNT Fortinet	Boost Price Target	$93.00	$80.00 ➝ $85.00	Equal Weight ➝ Equal Weight	N/A
11/19/2024	VTLE Vital Energy	Boost Price Target	$33.00	$29.00 ➝ $35.00	Equal Weight ➝ Equal Weight	N/A
11/19/2024	ABBV AbbVie	Boost Price Target	$177.00	$195.00	Buy	N/A
11/19/2024	GWRE Guidewire Software	Boost Price Target	$202.00	$205.00 ➝ $215.00	Overweight ➝ Overweight	N/A
11/19/2024	POST Post	Lower Price Target	$113.00	$120.00 ➝ $116.00	Equal Weight ➝ Equal Weight	N/A
11/19/2024	ACGL Arch Capital Group	Lower Price Target	$99.00	$118.00 ➝ $109.00	Overweight ➝ Overweight	N/A
11/19/2024	TPVG TriplePoint Venture Growth BDC	Boost Price Target	$8.00	$6.50 ➝ $7.50	Equal Weight ➝ Equal Weight	N/A
11/18/2024	CVS CVS Health	Upgrade	$57.00	$60.00 ➝ $66.00	Equal Weight ➝ Overweight	N/A
11/18/2024	NTLA Intellia Therapeutics	Lower Price Target	$14.00	$80.00 ➝ $70.00	Overweight ➝ Overweight	N/A
11/18/2024	DELL Dell Technologies	Boost Price Target	$142.00	$140.00 ➝ $160.00	Overweight ➝ Overweight	N/A
11/15/2024	PNC The PNC Financial Services Group	Boost Price Target	$210.00	$215.00 ➝ $235.00	Overweight ➝ Overweight	N/A
11/15/2024	NTRS Northern Trust	Boost Price Target	$109.00	$108.00 ➝ $110.00	Equal Weight ➝ Equal Weight	N/A
11/15/2024	MTB M&T Bank	Boost Price Target	$219.00	$190.00 ➝ $205.00	Underweight ➝ Underweight	N/A
11/15/2024	KEY KeyCorp	Boost Price Target	$19.00	$20.00 ➝ $22.00	Overweight ➝ Overweight	N/A
11/15/2024	JPM JPMorgan Chase & Co.	Boost Price Target	$247.00	$240.00 ➝ $270.00	Overweight ➝ Overweight	N/A
11/15/2024	FITB Fifth Third Bancorp	Boost Price Target	$48.00	$52.00 ➝ $54.00	Overweight ➝ Overweight	N/A
11/15/2024	C Citigroup	Boost Price Target	$69.00	$85.00 ➝ $95.00	Overweight ➝ Overweight	N/A
11/15/2024	BAC Bank of America	Boost Price Target	$47.00	$52.00 ➝ $56.00	Overweight ➝ Overweight	N/A
11/15/2024	CMA Comerica	Upgrade	$71.00	$51.00 ➝ $73.00	Underweight ➝ Equal Weight	N/A
11/15/2024	MS Morgan Stanley	Upgrade	$135.00	$107.00 ➝ $142.00	Underweight ➝ Equal Weight	N/A
11/15/2024	GIS General Mills	Lower Price Target	$65.00	$77.00 ➝ $70.00	Equal Weight ➝ Equal Weight	N/A
11/15/2024	AMAT Applied Materials	Lower Price Target	$174.00	$235.00 ➝ $220.00	Overweight ➝ Overweight	N/A
11/15/2024	DIS Walt Disney	Boost Price Target	$115.00	$116.00 ➝ $138.00	Overweight ➝ Overweight	N/A
11/15/2024	ZION Zions Bancorporation, National Association	Boost Price Target	$60.00	$54.00 ➝ $62.00	Equal Weight ➝ Equal Weight	N/A
11/15/2024	USB U.S. Bancorp	Boost Price Target	$52.00	$60.00 ➝ $62.00	Overweight ➝ Overweight	N/A
11/15/2024	TFC Truist Financial	Boost Price Target	$48.00	$48.00 ➝ $52.00	Overweight ➝ Overweight	N/A
11/15/2024	GS The Goldman Sachs Group	Boost Price Target	$598.00	$600.00 ➝ $680.00	Overweight ➝ Overweight	N/A
11/15/2024	BK Bank of New York Mellon	Boost Price Target	$79.00	$79.00 ➝ $81.00	Equal Weight ➝ Equal Weight	N/A
11/15/2024	STT State Street	Boost Price Target	$97.00	$106.00 ➝ $108.00	Overweight ➝ Overweight	N/A
11/15/2024	RF Regions Financial	Boost Price Target	$27.00	$24.00 ➝ $28.00	Equal Weight ➝ Equal Weight	N/A
11/15/2024	DY Dycom Industries	Boost Price Target	$184.00	$200.00 ➝ $215.00	Overweight ➝ Overweight	N/A
11/15/2024	TPR Tapestry	Boost Price Target	$59.00	$65.00 ➝ $75.00	Overweight ➝ Overweight	N/A
11/15/2024	CABA Cabaletta Bio	Lower Price Target	$2.00	$20.00 ➝ $12.00	Overweight ➝ Overweight	N/A
11/15/2024	KYTX Kyverna Therapeutics	Lower Price Target	$4.00	$44.00 ➝ $24.00	Overweight ➝ Overweight	N/A
11/15/2024	CTRA Coterra Energy	Boost Price Target	$28.00	$32.00 ➝ $35.00	Overweight ➝ Overweight	N/A
11/14/2024	CSCO Cisco Systems	Boost Price Target	$58.00	$57.00 ➝ $60.00	Equal Weight ➝ Equal Weight	N/A
11/14/2024	CYBR CyberArk Software	Boost Price Target	$323.00	$300.00 ➝ $350.00	Overweight ➝ Overweight	N/A
11/14/2024	KZR Kezar Life Sciences	Lower Price Target	$8.00	$20.00 ➝ $11.00	Equal Weight ➝ Equal Weight	N/A
11/14/2024	PLUG Plug Power	Lower Price Target	$2.00	$3.00 ➝ $2.00	Equal Weight ➝ Equal Weight	N/A
11/14/2024	ROST Ross Stores	Lower Price Target	$147.00	$175.00 ➝ $165.00	Overweight ➝ Overweight	N/A
11/13/2024	BKU BankUnited	Upgrade	$42.00	$38.00 ➝ $48.00	Equal Weight ➝ Overweight	N/A
11/13/2024	FOUR Shift4 Payments	Boost Price Target	$109.00	$100.00 ➝ $110.00	Overweight ➝ Overweight	N/A
11/13/2024	FLUT Flutter Entertainment	Boost Price Target	$270.00	$295.00 ➝ $300.00	Overweight ➝ Overweight	N/A
11/13/2024	HON Honeywell International	Boost Price Target	$228.00	$215.00 ➝ $254.00	Equal Weight ➝ Equal Weight	N/A
11/13/2024	PAY Paymentus	Boost Price Target	$36.00	$21.00 ➝ $27.00	Equal Weight ➝ Equal Weight	N/A
11/13/2024	RKLB Rocket Lab USA	Boost Price Target	$23.00	$5.25 ➝ $13.50	Equal Weight ➝ Equal Weight	N/A
11/13/2024	FCEL FuelCell Energy	Lower Price Target	$8.00	$30.00 ➝ $5.00	Underweight ➝ Underweight	N/A
11/13/2024	SPOT Spotify Technology	Boost Price Target	$479.00	$470.00 ➝ $520.00	Overweight ➝ Overweight	N/A
11/13/2024	SHOP Shopify	Boost Price Target	$106.00	$90.00 ➝ $120.00	Overweight ➝ Overweight	N/A
11/13/2024	NPCE NeuroPace	Lower Price Target	$9.00	$15.00 ➝ $13.00	Overweight ➝ Overweight	N/A
11/13/2024	SF Stifel Financial	Boost Price Target	$116.00	$113.00 ➝ $130.00	Overweight ➝ Overweight	N/A
11/13/2024	PPL Pembina Pipeline	Boost Price Target	C$61.00	C$61.00 ➝ C$63.00		N/A
11/12/2024	TWLO Twilio	Upgrade	$103.00	$80.00 ➝ $120.00	Equal Weight ➝ Overweight	N/A
11/12/2024	FIVN Five9	Downgrade	$39.00	$55.00 ➝ $40.00	Overweight ➝ Equal Weight	N/A
11/12/2024	CXM Sprinklr	Downgrade	$8.00	$8.00 ➝ $6.00	Equal Weight ➝ Underweight	N/A
11/12/2024	NOW ServiceNow	Boost Price Target	$1,056.00	$1,050.00 ➝ $1,150.00	Overweight ➝ Overweight	N/A
11/12/2024	HWM Howmet Aerospace	Boost Price Target	$118.00	$113.00 ➝ $129.00	Overweight ➝ Overweight	N/A
11/12/2024	RAPT RAPT Therapeutics	Lower Price Target	$1.00	$17.00 ➝ $4.00	Overweight ➝ Overweight	N/A
11/12/2024	TECX Tectonic Therapeutic	Boost Price Target	$46.00	$55.00 ➝ $79.00	Overweight ➝ Overweight	N/A
11/12/2024	SLRC SLR Investment	Boost Price Target	$16.00	$12.50 ➝ $13.00	Underweight ➝ Underweight	N/A
11/12/2024	EE Excelerate Energy	Boost Price Target	$30.00	$19.00 ➝ $22.00	Underweight ➝ Underweight	N/A
11/12/2024	BJ BJ's Wholesale Club	Boost Price Target	$96.00	$92.00 ➝ $100.00	Overweight ➝ Overweight	N/A
11/12/2024	CRM Salesforce	Boost Price Target	$337.00	$275.00 ➝ $330.00	Equal Weight ➝ Equal Weight	N/A