UMB Financial price target raised to $130 from $125 at Wells Fargo

Wells Fargo raised the firm’s price target on UMB Financial (UMBF) to $130 from $125 and keeps an Equal Weight rating on the shares. The firm remains constructive on regional banks, and favors banks where improving fundamentals could drive valuation re-rating higher in the second half of 2025, especially those that also benefit from increased M&A activity.