Baird Sees Reduced Downside Risk for Wells Fargo & Company (WFC), Rating Raised to Neutral

NodeGuardian · 2026-03-28T16:24:35+00:00

Baird upgraded Wells Fargo to Neutral with an $85 price target, citing reduced downside risk after a stock slump. They anticipate increased loan growth and efficiency if regulatory limitations ease, though current growth forecasts remain high.

NodeGuardian

2026-03-28 16:24:35

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Baird has upgraded Wells Fargo & Company (WFC) to Neutral with an $85 price target, noting that a recent stock slump has made its valuation more realistic and reduced downside risk. The firm believes that once regulatory asset limitations are relaxed, Wells Fargo could see heightened loan growth, capital market activity, and reduced compliance costs, encouraging profit growth and operational efficiency. Despite the positive outlook, Baird acknowledges that growth forecasts for WFC remain high and that shares are not yet appealing enough to attract new investors.

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