Here's Why Wall Street is Bullish on Wells Fargo & Company (WFC)

Wells Fargo & Company (NYSE:WFC) is one of the Best Financial Stocks to Buy Right Now. Wall Street has been bullish on the stock since the company topped revenue and EPS estimates for its fiscal second quarter of 2025. The revenue of $20.82 billion was $15.16 million higher, while the EPS of $1.54 topped estimates by $0.14.

Management noted that the revenue growth was driven by increased fee-based income, with gains coming from both net interest and non-interest income. Moreover, the bank continues to stay focused on investing in business growth while managing expenses carefully.

Since the earnings release announcement, several analysts have expressed their bullish sentiment on Wells Fargo & Company (NYSE:WFC). Earlier, on July 31, John Pancari from Evercore ISI raised the firm’s price target on the stock from $91 to $94, while reiterating a Buy rating. More recently, Scott Siefers from Piper Sandler also reiterated a Buy rating on Wells Fargo & Company (NYSE:WFC) with a price target of $87.

Wells Fargo & Company (NYSE:WFC) is a large financial services company offering banking, mortgage, and investment products.

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Disclosure: None. This article is originally published at Insider Monkey.