Wells Fargo & Company WFC is expected to report first quarter 2023 results prior to the opening bell on April 14, 2023.

Analysts expect the company to report quarterly earnings of $1.13 per share, up from $0.88 per share last year. The company’s revenue could be $20.07 billion.

Wells Fargo shares rose 1.2% to close at $39.66 on Thursday, down 0.8% in today’s premarket session.

Benzinga readers can access the latest analyst ratings Analyst stock ratings book page. Readers can sort by stock ticker, company name, analyst firm, rating change, or other variable.

Let’s look at how Benzinga is most accurate Analysts rated the company recently.

• Jefferies Analyst Ken Usdin downgraded the stock to hold from buy on January 17, 2023 and lowered the price target to $46 from $49. This analyst sees around 16% upside potential for the company’s stock and has an accuracy rate of 74%.
• Citigroup Analyst Keith Horowitz kept a buy rating and lowered the price target to $48 from $50 on December 21, 2022. This analyst sees around 21% upside potential for the company’s stock and has an accuracy rate of 73%.
• BMO capital Analyst James Fotheringham kept a market-perform rating and increased the price target to $63 from $61 on October 17, 2022. This analyst sees around 59% upside potential for the company’s stock and has an accuracy rate of 73%.
• JP Morgan Analyst Vivek Juneja kept a Neutral rating and lowered the price target to $45 from $49 on April 10, 2023. This analyst sees around 13% upside potential for the company’s stock and has an accuracy rate of 61%.
• Piper Sandler Analyst Scott Siefers downgraded the stock to neutral from overweight on January 17, 2023 and lowered the price target to $47 from $49. This analyst sees around 18% upside potential for the company’s stock and has an accuracy rate of 63%.

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