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Wells Fargo Earns Stock Upgrade Ahead of Third Quarter Financial Report

Wells Fargo Earns Stock Upgrade Ahead of Third Quarter Financial Report

San Francisco, Tuesday, 6 October 2026.
Ahead of its October 13 earnings release, Morgan Stanley upgraded Wells Fargo, citing potential long-term growth and share buybacks that could significantly outpace market expectations.

Morgan Stanley Upgrades Wells Fargo Stock, Projecting Strong Earnings Growth

Morgan Stanley Upgrades Wells Fargo Stock, Projecting Strong Earnings Growth

New York, Tuesday, 6 October 2026.
Morgan Stanley upgraded Wells Fargo to an Overweight rating with a $102 price target, citing easing margin pressures and an estimated 27% upside following a prolonged period of underperformance.