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Wells Fargo experts cut their predictions after the company’s third-quarter results.

ResultsRead the original at Benzinga
Neutral

Wells Fargo beat profit-per-share estimates and increased profit from a year earlier, but sales missed estimates and analysts cut price targets. Its 2026 plans stayed unchanged, leaving the report without a clear overall shift.

WFC · Wells Fargo & Company

AI read · Neutral

The AI's read

The report points in 2 directions. Profit per share beat estimates and rose from a year earlier, but sales missed estimates. Wells Fargo kept its plans for interest income and expenses unchanged. Analysts also cut both price targets, adding a note of caution, but the company reported no change to those plans.

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