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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Evercore分析师John Pancari维持$富国银行 (WFC.US)$买入评级，并将目标价从65美元上调至68美元。
根据TipRanks数据显示，该分析师近一年总胜率为36.4%，总平均回报率为-6.4%。
此外，综合报道，$富国银行 (WFC.US)$近期主要分析师观点如下：
预计美国银行的净利息收入将在第三季度下降，平均下降4％。这是由于延迟的存款重新定价和持续的温和贷款增长所致，据信这将给固定资产的重新定价蒙上阴影，预计净利息收入要到2025年第二季度才会转变。尽管对信用卡和商业房地产等领域扣款的担忧最近有所缓解，但继续增加银行储备的可能性仍然存在。
预计区域银行第三季度的业绩将继续显示出从上一季度开始出现的根本性转变。据信，由于较低的利率环境和贷款趋势疲软，向下修正每股收益估计值可能会缓和与行业收益预期相关的风险。区域银行行业的前景越来越乐观，预计降息可能会缓解融资成本压力，鼓励贷款增长，提振信贷条件——尤其是商业地产——并有可能提高该行业的收益倍数。
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