Street View: Brokerages upbeat on Wells Fargo's long-term goals after Q2 beat
WFC•Fee growth and capital strength remain key themes
** Evercore ISI ("outperform," PT: $95) says Wells Fargo's rising fee momentum, combined with cost efficiencies, low credit losses and steady capital returns supports the bank's long term targets.
** Morgan Stanley ("equal weight," PT: $102) says, "NII path looks a lot better in 2027 than in 2026".
** RBC Capital Markets ("outperform," PT: $100) says Wells Fargo is well capitalized and stands to benefit from capital relief under the Basel III re-proposal.
** KBW ("market perform," PT: $94) says while co's shares continue to be influenced by the shifting expectations for net interest income and margin, with improvement in margin visibility in H2 2026, WFC's discount to peers will begin to narrow.
Analysts turn positive after Wells Fargo beats estimates
** Wells Fargo ** beat Wall Street estimates for quarterly profit, boosted by strong investment banking fees and as it doled out more loans after its regulatory shackles were removed last year.
** Twenty-six analysts rate the stock "Buy" on average; median PT $100 - data compiled by LSEG.




