Evercore analyst John Pancari maintains $Wells Fargo & Co (WFC.US)$ with a buy rating, and adjusts the target price from $65 to $68.
According to TipRanks data, the analyst has a success rate of 36.4% and a total average return of -6.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Wells Fargo & Co (WFC.US)$'s main analysts recently are as follows:
Expectations are for net interest incomes of American banks to see a decline in Q3, averaging a 4% drop. This is anticipated due to delayed deposit repricing and continued modest loan growth, which are believed to overshadow the fixed asset repricing, with a forecast for net interest income to pivot only in the second quarter of 2025. While concerns regarding charge-offs in areas such as credit cards and commercial real estate have eased recently, the possibility of continued reserve builds for banks remains.
The expectation is that Q3 results for regional banks will continue to demonstrate a fundamental shift that started to emerge in the previous quarter. It is believed that downward revisions in EPS estimates due to a lower interest rate environment and subdued loan trends could moderate risks associated with sector earnings expectations. The perspective is increasingly positive on the regional banks sector, with the anticipation that interest rate reductions will likely ease the strain on funding costs, encourage loan growth, bolster credit conditions—especially in commercial real estate—and potentially enhance the earnings multiple for the sector.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Evercore分析師John Pancari維持$富國銀行 (WFC.US)$買入評級，並將目標價從65美元上調至68美元。
根據TipRanks數據顯示，該分析師近一年總勝率為36.4%，總平均回報率為-6.4%。
此外，綜合報道，$富國銀行 (WFC.US)$近期主要分析師觀點如下：
預計美國銀行的淨利息收入將在第三季度下降，平均下降4％。這是由於延遲的存款重新定價和持續的溫和貸款增長所致，據信這將給固定資產的重新定價蒙上陰影，預計淨利息收入要到2025年第二季度才會轉變。儘管對信用卡和商業房地產等領域扣款的擔憂最近有所緩解，但繼續增加銀行儲備的可能性仍然存在。
預計區域銀行第三季度的業績將繼續顯示出從上一季度開始出現的根本性轉變。據信，由於較低的利率環境和貸款趨勢疲軟，向下修正每股收益估計值可能會緩和與行業收益預期相關的風險。區域銀行行業的前景越來越樂觀，預計減息可能會緩解融資成本壓力，鼓勵貸款增長，提振信貸條件——尤其是商業地產——並有可能提高該行業的收益倍數。
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