Truist raised the firm’s price target on Wells Fargo (WFC) to $100 from $90 and keeps a Buy rating on the shares as part of a broader research note updating the firm’s model following management commentary at recent conference appearances. The firm is also raising its FY27 EPS view to $8.15 from $7.85 to reflect the company’s improving efficiency ratio, the analyst tells investors in a research note.
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