Looking to Buy Wells Fargo & Co (WFC) Stock? Listen to JPMorgan First

1 month ago 13

Neha Gupta

Mon, July 13, 2026 astatine 4:29 AM CDT 2 min read

Wells Fargo & Co (NYSE:WFC) is one of the apical slope stocks to bargain present according to analysts. Wells Fargo shares person gained astir 8% successful the past period and are expected to support rising. Wall Street has a statement Buy standing connected Wells Fargo stock, and immoderate 82 hedge funds are backing this stock.

Looking to Buy Wells Fargo & Co (WFC) Stock? Listen to JPMorgan First

Looking to Buy Wells Fargo & Co (WFC) Stock? Listen to JPMorgan First

Ken Wolter / Shutterstock.com

On July 6, JPMorgan raised its terms people connected Wells Fargo & Co (NYSE:WFC) shares to $93.50 from $86.50 portion keeping a Neutral standing connected the stock. The steadfast adjusted the Wells Fargo estimates arsenic portion of its large-cap banks Q2 2026 net preview.

Wells Fargo is owed to study its Q2 results connected July 14. For the quarter, analysts are projecting 4.9% YoY gross maturation for the slope to $21.8 billion. The 4th is expected to payment from continued maturation successful user and concern spending, which is fueling indebtedness volumes and deposits. At an capitalist league successful June, Wells Fargo said its indebtedness maturation was exceeding archetypal expectations.

GAAP EPS is forecast to emergence 7% to $1.71. The bank's bottommost enactment is expected to payment from outgo subject aimed astatine expanding the operating nett margin.

Wells Fargo & Co (NYSE:WFC) is simply a multinational slope and fiscal services company. It serves some idiosyncratic clients and concern customers. Wells Fargo services see checking and savings accounts, recognition cards, car loans, and concern loans.

While we admit the imaginable of WFC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: Top 10 Stocks to Buy According to Whale Rock Capital Management and 10 Best Stocks to Buy According to David Greenspan's Slate Path Capital.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article