Baird Upgrades Wells Fargo (WFC) to Neutral

Wells Fargo & Company (NYSE:WFC) is one of the 10 Best Bank Stocks to Buy in 2026. Baird, on February 13, upgraded Wells Fargo to a Neutral (from Underperform). Despite the rating upgrade, the firm did not change its $85 target price on the company. It noted that the recent selloff in Wells Fargo’s stock (down 8.2% year-to-date) has made the stock’s risk/reward profile look a “little better”. The firm also noted that recent conference updates and presentations (including the UBS Financial Services Confere ...