Truist and Evercore Lower Wells Fargo (WFC) Price Targets, Stay Bullish

Wells Fargo & Company (NYSE:WFC) is one of the 11 Most Profitable Cheap Stocks to Invest In Now. On January 15, Truist Securities reduced its price target on Wells Fargo & Company (NYSE:WFC) from 104to104 to 100 and kept its Buy rating. The firm reduced its EPS estimates for 2026 and 2027 mainly because of lower expected fee income and higher expenses. Truist Securities lowered its 2026 EPS forecast for Wells Fargo & Company (NYSE:WFC) from 7.15to7.15 to 6.95 and its 2027 EPS forecast to 8.00,whichis 8.00, which is  0.15 ...