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
12/20/2024	LQDA Liquidia	Initiated Coverage	$11.00	$20.00	Overweight	N/A
12/20/2024	MNKD MannKind	Initiated Coverage	$7.00	$9.00	Overweight	N/A
12/20/2024	SVRA Savara	Initiated Coverage	$3.00	$8.00	Overweight	N/A
12/20/2024	RARE Ultragenyx Pharmaceutical	Boost Price Target	$44.00	$75.00 ➝ $88.00	Overweight ➝ Overweight	N/A
12/20/2024	AS Amer Sports	Boost Price Target	$28.00	$20.00 ➝ $25.00	Equal Weight ➝ Equal Weight	N/A
12/20/2024	CTAS Cintas	Lower Price Target	$187.00	$191.00 ➝ $184.00	Underweight ➝ Underweight	N/A
12/20/2024	FDX FedEx	Boost Price Target	$276.00	$305.00 ➝ $320.00	Equal Weight ➝ Equal Weight	N/A
12/19/2024	CCCC C4 Therapeutics	Upgrade	$4.00	$8.00 ➝ $12.00	Equal Weight ➝ Overweight	N/A
12/19/2024	CABA Cabaletta Bio	Downgrade	$2.00	$12.00 ➝ $6.00	Overweight ➝ Equal Weight	N/A
12/19/2024	GLUE Monte Rosa Therapeutics	Downgrade	$7.00	$14.00 ➝ $11.00	Overweight ➝ Equal Weight	N/A
12/19/2024	TGNA TEGNA	Upgrade	$18.00	$21.00 ➝ $23.00	Equal Weight ➝ Overweight	N/A
12/19/2024	PNTG The Pennant Group	Initiated Coverage	$27.00	$33.00	Equal Weight	N/A
12/19/2024	VRDN Viridian Therapeutics	Reiterated Rating	$19.00	$37.00 ➝ $27.00	Overweight ➝ Equal Weight	N/A
12/19/2024	ITOS iTeos Therapeutics	Lower Price Target	$7.00	$31.00 ➝ $19.00	Overweight ➝ Overweight	N/A
12/19/2024	ARGX argenx	Boost Price Target	$624.00	$639.00 ➝ $723.00	Overweight ➝ Overweight	N/A
12/19/2024	ZYME Zymeworks	Boost Price Target	$14.00	$12.00 ➝ $14.00	Equal Weight ➝ Equal Weight	N/A
12/19/2024	KZR Kezar Life Sciences	Lower Price Target	$6.00	$11.00 ➝ $9.00	Equal Weight ➝ Equal Weight	N/A
12/19/2024	INCY Incyte	Boost Price Target	$69.00	$68.00 ➝ $70.00	Equal Weight ➝ Equal Weight	N/A
12/19/2024	IMVT Immunovant	Lower Price Target	$26.00	$47.00 ➝ $45.00	Overweight ➝ Overweight	N/A
12/19/2024	GIS General Mills	Lower Price Target	$64.00	$70.00 ➝ $68.00	Equal Weight ➝ Equal Weight	N/A
12/19/2024	MU Micron Technology	Lower Price Target	$90.00	$175.00 ➝ $140.00	Overweight ➝ Overweight	N/A
12/19/2024	SIRI Sirius XM	Lower Price Target	$23.00	$22.00 ➝ $16.00	Underweight ➝ Underweight	N/A
12/18/2024	GBNXF Gibson Energy	Downgrade	$17.00		Strong-Buy ➝ Hold	N/A
12/18/2024	PBA Pembina Pipeline	Downgrade	$36.00		Strong-Buy ➝ Hold	N/A
12/18/2024	SOBO South Bow	Downgrade	$24.00		Hold ➝ Strong Sell	N/A
12/18/2024	AM Antero Midstream	Downgrade	$15.00	$16.00	Overweight ➝ Equal Weight	N/A
12/18/2024	EPD Enterprise Products Partners	Downgrade	$31.00	$35.00	Overweight ➝ Equal Weight	N/A
12/18/2024	OKE ONEOK	Downgrade	$100.00	$107.00 ➝ $107.00	Overweight ➝ Equal Weight	N/A
12/18/2024	PAA Plains All American Pipeline	Downgrade	$17.00	$22.00 ➝ $20.00	Overweight ➝ Equal Weight	N/A
12/18/2024	PAGP Plains GP	Downgrade	$18.00	$22.00 ➝ $20.00	Overweight ➝ Equal Weight	N/A
12/18/2024	KMI Kinder Morgan	Boost Price Target	$27.00	$27.00 ➝ $30.00	Overweight ➝ Overweight	N/A
12/18/2024	ET Energy Transfer	Boost Price Target	$19.00	$20.00 ➝ $21.00	Overweight ➝ Overweight	N/A
12/18/2024	LNG Cheniere Energy	Boost Price Target	$209.00	$213.00 ➝ $235.00	Overweight ➝ Overweight	N/A
12/18/2024	CQP Cheniere Energy Partners	Boost Price Target	$52.00	$49.00 ➝ $55.00	Underweight ➝ Underweight	N/A
12/18/2024	ARIS Aris Water Solutions	Boost Price Target	$24.00	$21.00 ➝ $26.00	Equal Weight ➝ Equal Weight	N/A
12/18/2024	TRGP Targa Resources	Boost Price Target	$177.00	$190.00 ➝ $204.00	Overweight ➝ Overweight	N/A
12/18/2024	MPLX Mplx	Boost Price Target	$47.00	$53.00 ➝ $54.00	Overweight ➝ Overweight	N/A
12/18/2024	KNTK Kinetik	Boost Price Target	$58.00	$58.00 ➝ $60.00	Equal Weight ➝ Equal Weight	N/A
12/18/2024	GEI Gibson Energy	Downgrade	C$24.00		Overweight ➝ Equal Weight	N/A
12/18/2024	PPL Pembina Pipeline	Downgrade	C$52.00	C$63.00 ➝ C$57.00	Overweight ➝ Equal Weight	N/A
12/17/2024	APA APA	Downgrade	$21.00	$42.00 ➝ $25.00	Overweight ➝ Equal Weight	N/A
12/17/2024	AR Antero Resources	Upgrade	$31.00	$24.00 ➝ $32.00	Underweight ➝ Equal Weight	N/A
12/17/2024	EOG EOG Resources	Upgrade	$119.00	$147.00 ➝ $150.00	Equal Weight ➝ Overweight	N/A
12/17/2024	MAS Masco	Reiterated Rating	$74.00	$92.00 ➝ $85.00	Overweight ➝ Equal Weight	N/A
12/17/2024	OC Owens Corning	Upgrade	$169.00	$195.00 ➝ $225.00	Equal Weight ➝ Overweight	N/A
12/17/2024	DVN Devon Energy	Lower Price Target	$31.00	$49.00 ➝ $43.00	Overweight ➝ Overweight	N/A
12/17/2024	SLB Schlumberger	Lower Price Target	$37.00	$49.00 ➝ $46.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	HAL Halliburton	Lower Price Target	$26.00	$39.00 ➝ $34.00	Overweight ➝ Overweight	N/A
12/17/2024	BKR Baker Hughes	Boost Price Target	$40.00	$42.00 ➝ $49.00	Overweight ➝ Overweight	N/A
12/17/2024	VTLE Vital Energy	Lower Price Target	$28.00	$35.00 ➝ $34.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	SM SM Energy	Lower Price Target	$37.00	$47.00 ➝ $45.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	MTDR Matador Resources	Boost Price Target	$53.00	$87.00 ➝ $91.00	Overweight ➝ Overweight	N/A
12/17/2024	CHRD Chord Energy	Boost Price Target	$111.00	$175.00 ➝ $176.00	Overweight ➝ Overweight	N/A
12/17/2024	CAG Conagra Brands	Lower Price Target	$27.00	$31.00 ➝ $30.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	FERG Ferguson	Lower Price Target	$178.00	$220.00 ➝ $215.00	Overweight ➝ Overweight	N/A
12/17/2024	CSWI CSW Industrials	Lower Price Target	$358.00	$425.00 ➝ $410.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	RRC Range Resources	Boost Price Target	$33.00	$38.00 ➝ $40.00	Overweight ➝ Overweight	N/A
12/17/2024	OVV Ovintiv	Lower Price Target	$38.00	$48.00 ➝ $42.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	FANG Diamondback Energy	Boost Price Target	$155.00	$218.00 ➝ $219.00	Overweight ➝ Overweight	N/A
12/17/2024	PHM PulteGroup	Lower Price Target	$111.00	$165.00 ➝ $140.00	Overweight ➝ Overweight	N/A
12/17/2024	LEN Lennar	Lower Price Target	$138.00	$180.00 ➝ $165.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	KBH KB Home	Lower Price Target	$66.00	$83.00 ➝ $74.00	Underweight ➝ Underweight	N/A
12/17/2024	DHI D.R. Horton	Lower Price Target	$140.00	$190.00 ➝ $175.00	Overweight ➝ Overweight	N/A
12/17/2024	MHK Mohawk Industries	Lower Price Target	$119.00	$140.00 ➝ $135.00	Equal Weight ➝ Equal Weight	N/A
12/17/2024	LTH Life Time Group	Boost Price Target	$22.00	$25.00 ➝ $26.00	Equal Weight ➝ Equal Weight	N/A
12/16/2024	ADNT Adient	Downgrade	$17.00	$27.00 ➝ $20.00	Overweight ➝ Equal Weight	N/A
12/16/2024	GDEN Golden Entertainment	Initiated Coverage	$31.00	$38.00	Overweight	N/A
12/16/2024	MCRI Monarch Casino & Resort	Initiated Coverage	$78.00	$79.00	Underweight	N/A
12/16/2024	MGA Magna International	Lower Price Target	$42.00	$46.00 ➝ $44.00	Equal Weight ➝ Equal Weight	N/A
12/16/2024	LEA Lear	Lower Price Target	$95.00	$106.00 ➝ $99.00	Equal Weight ➝ Equal Weight	N/A
12/16/2024	GM General Motors	Lower Price Target	$52.00	$38.00 ➝ $35.00	Underweight ➝ Underweight	N/A
12/16/2024	DAN Dana	Boost Price Target	$11.00	$7.00 ➝ $10.00	Underweight ➝ Underweight	N/A
12/16/2024	BWA BorgWarner	Lower Price Target	$32.00	$42.00 ➝ $40.00	Overweight ➝ Overweight	N/A
12/16/2024	ALV Autoliv	Lower Price Target	$92.00	$101.00 ➝ $97.00	Equal Weight ➝ Equal Weight	N/A
12/16/2024	APTV Aptiv	Lower Price Target	$59.00	$74.00 ➝ $70.00	Overweight ➝ Overweight	N/A
12/16/2024	ROL Rollins	Boost Price Target	$47.00	$56.00 ➝ $58.00	Overweight ➝ Overweight	N/A
12/16/2024	PGR Progressive	Boost Price Target	$240.00	$299.00 ➝ $302.00	Overweight ➝ Overweight	N/A
12/16/2024	CCL Carnival Co. &	Boost Price Target	$27.00	$25.00 ➝ $30.00	Overweight ➝ Overweight	N/A
12/16/2024	NKE NIKE	Lower Price Target	$77.00	$95.00 ➝ $92.00	Overweight ➝ Overweight	N/A
12/16/2024	VC Visteon	Lower Price Target	$86.00	$122.00 ➝ $119.00	Overweight ➝ Overweight	N/A
12/16/2024	TEL TE Connectivity	Lower Price Target	$144.00	$153.00 ➝ $151.00	Equal Weight ➝ Equal Weight	N/A
12/13/2024	CAH Cardinal Health	Upgrade	$118.00	$101.00 ➝ $127.00	Underweight ➝ Equal Weight	N/A
12/13/2024	MCK McKesson	Boost Price Target	$580.00	$535.00 ➝ $641.00	Equal Weight ➝ Equal Weight	N/A
12/13/2024	COR Cencora	Lower Price Target	$228.00	$249.00 ➝ $237.00	Equal Weight ➝ Equal Weight	N/A
12/13/2024	COST Costco Wholesale	Boost Price Target	$954.00	$950.00 ➝ $1,000.00	Equal Weight ➝ Equal Weight	N/A
12/13/2024	RH RH	Boost Price Target	$398.00	$425.00 ➝ $500.00	Overweight ➝ Overweight	N/A
12/13/2024	GEV GE Vernova	Boost Price Target	$343.00	$385.00 ➝ $411.00	Overweight ➝ Overweight	N/A
12/12/2024	EAT Brinker International	Upgrade	$134.00	$95.00 ➝ $130.00	Underweight ➝ Equal Weight	N/A
12/12/2024	HSY Hershey	Downgrade	$170.00	$175.00 ➝ $160.00	Equal Weight ➝ Underweight	N/A
12/12/2024	BX Blackstone	Downgrade	$171.00	$188.00 ➝ $195.00	Overweight ➝ Equal Weight	N/A
12/12/2024	RJF Raymond James	Reiterated Rating	$155.00	$152.00 ➝ $169.00	Overweight ➝ Equal Weight	N/A
12/12/2024	XNCR Xencor	Initiated Coverage	$24.00	$37.00	Overweight	N/A
12/12/2024	ARES Ares Management	Upgrade	$176.00	$176.00 ➝ $212.00	Equal Weight ➝ Overweight	N/A
12/12/2024	ARCC Ares Capital	Upgrade	$21.00		Equal Weight ➝ Overweight	N/A
12/12/2024	TPG TPG	Boost Price Target	$65.00	$68.00 ➝ $83.00	Overweight ➝ Overweight	N/A
12/12/2024	TROW T. Rowe Price Group	Boost Price Target	$116.00	$112.00 ➝ $124.00	Equal Weight ➝ Equal Weight	N/A
12/12/2024	KKR KKR & Co. Inc.	Boost Price Target	$148.00	$152.00 ➝ $163.00	Equal Weight ➝ Equal Weight	N/A
12/12/2024	JHG Janus Henderson Group	Boost Price Target	$43.00	$41.00 ➝ $45.00	Equal Weight ➝ Equal Weight	N/A
12/12/2024	HLNE Hamilton Lane	Boost Price Target	$151.00	$189.00 ➝ $194.00	Equal Weight ➝ Equal Weight	N/A
12/12/2024	BEN Franklin Resources	Boost Price Target	$20.00	$19.50 ➝ $22.50	Equal Weight ➝ Equal Weight	N/A