Wells Fargo lowered the firm’s price target on Popular (BPOP) to $135 from $150 and keeps an Overweight rating on the shares. The firm believes the next re-rating opportunity has likely been pushed out to Q2 2026, despite shares holding up better than expected. Popular remains a Top Pick given group-best EPS and TBV growth, but the margin-of-error narrows post-Q3 results.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BPOP: