Webster Financial price target raised to $75 from $70 at Wells Fargo

Wells Fargo raised the firm’s price target on Webster Financial (WBS) to $75 from $70 and keeps an Overweight rating on the shares. The firm sees Webster among the best positioned heading into the second half of 2025, assuming the credit inflection seen in Q2 holds up. Valuation remains deeply discounted relative to the profitability profile, and Wells expects accelerating loan growth to begin unlocking value.