Wells Fargo analyst Robert Ryan raised the firm’s price target on Wealthfront (WLTH) to $13 from $12 and keeps an Overweight rating on the shares. The firm is increasing its estimate of 4/30/26 platform assets by 2.5%, which is the main driver of the modest 1c increases to Wells’ FY27 and FY28 EPS forecasts.
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Read More on WLTH:
- Wealthfront reports March platform assets $93.2B
- Wealthfront participates in a conference call with Citizens
- Wealthfront price target lowered to $17 from $20 at Citizens
- Wealthfront Corporation: Stable Fundamentals but Limited Upside Support a Hold Recommendation
- Wealthfront Earnings Call Shows Growth Amid Fee Pressure
