Piper Sandler lowered the firm’s price target on Wells Fargo (WFC) to $94 from $100 and keeps an Overweight rating on the shares. The firm is fine-tuning its EPS estimates following the company’s Q1 earnings and updated guidance. Specifically, Piper’s 2026 EPS goes from $6.82 to $6.72, and its 2027 EPS goes from $7.42 to $7.36.
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