Wells Fargo & Co.: TD Cowen experts raised their target price for the bank's shares to 93.0 dollars

5 dic 2025, 13:16:06

Current trend

Shares of banking and insurance company Wells Fargo & Co. continue to correct at 90.00.

Management continues to adapt to the current situation in the global banking services market by implementing artificial intelligence (AI)-based technologies into its processes. As part of this initiative, Saul Van Beurden, who is also the co-CEO of Consumer Banking and Lending, has been appointed Head of AI Initiatives. Against this backdrop, experts at investment bank TD Cowen raised their target price for the issuer's shares to 93.0 dollars, while maintaining a Hold rating, while analysts at research platform CFRA raised their target price to 110.0 dollars with a Buy rating, citing the regulator's decision to lift limits on the bank's assets.

Wells Fargo & Co.'s fourth-quarter financial report will be released on January 14: revenue is expected to reach 21.62 billion dollars up from 20.38 billion dollars last year, and earnings per share are expected to reach 1.68 dollars up from 1.42 dollars, respectively.

The second-quarter common stock dividend was paid on December 1, sending investors 0.45 dollars per share, equivalent to a yield of 2.09%, which still trails the sector average of 3.25%.

Support and resistance

On the daily chart, the price is trading in a corrective trend, trying to move further and further away from the support line of the ascending channel with boundaries of 93.00–82.00.

After a brief slowdown, technical indicators have once again begun to strengthen the buy signal: the range of EMA fluctuations on the Alligator indicator expands towards growth, and the AO histogram is forming corrective bars, being above the transition level.

Support levels: 87.50, 79.00

Resistance levels: 91.60, 99.70.

Trading tips

If growth continues and the price consolidates above the resistance level of 91.60, buy positions with a target of 99.70 will be relevant. Stop-loss — 89.00. Implementation time: 7 days and more.

If the decline continues and the price consolidates below the support level of 87.50, it is relevant to open sell positions with a target of 79.00. Stop-loss — 91.00.

Scenario

Timeframe	Weekly
Raccomandazioni	BUY STOP
Punto di ingresso	91.65
Take Profit	99.70
Stop Loss	89.00
Livelli chiave	79.00, 87.50, 91.60, 99.70

Scenario alternativo

Raccomandazioni	SELL STOP
Punto di ingresso	87.45
Take Profit	79.00
Stop Loss	91.00
Stop Loss	79.00, 87.50, 91.60, 99.70