Wells Fargo has agreed to settle a lawsuit alleging discrimination in loan approvals.
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Wells Fargo has agreed to settle a lawsuit alleging discrimination in loan approvals.
The $110 million settlement, which was mapped out last fall, requires Wells Fargo to establish a $100 million fund to provide downpayment and closing-cost assistance to eligible borrowers who live in or plan to buy a home in certain low- and moderate-income census tracts.
I am opening with the bottom line. Wells Fargo (NYSE:WFC) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal ... Wells Fargo Set for 16% Upside Despite Recent Selloff
Wells Fargo strategists say some factors that have been driving the market higher are played out.