While Wells Fargo & Co (NYSE:WFC) reported disappointing fourth-quarter results, its 2026 NII (net interest income) guidance is in line with expectations.
The Wells Fargo Analyst: Goldman Sachs analyst Richard Ramsden reaffirmed a Buy rating and price target of $105.
The Wells Fargo Thesis: The company reported its quarterly core PPNR (pre-provision net revenue) 4% below Street expectations, Ramsden said in the note.
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