[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Wall St Engine @wallstengine on x 72.7K followers
Created: 2025-07-07 09:41:09 UTC
Raymond James Downgrades $WFC to Market Perform from Outperform, PT Not Specified
Analyst comments: "We are downgrading our rating on the shares of Wells Fargo to Market Perform from Strong Buy. WFC shares are up XXXX% since we raised our EPS estimates following the removal of the asset cap, reaching our target price. While we remain bullish on Wells Fargo’s growth prospects and continued profitability improvement, we believe upside to its EPS estimates is now appropriately reflected in its premium valuation, limiting near-term upside to WFC shares. After posting a 52-week high on Thursday, July 3, WFC shares trade at 12.4x our 2026 EPS estimate, a premium to its peer group average and median at 11.0x, and a premium to each peer, except J.P. Morgan (JPM), which trades at 14.9x consensus 2026 EPS estimate."
Analyst: David Long
XXXXX engagements
Related Topics eps stocks raymond james $wfc stocks financial services stocks banks