Morgan Stanley maintains Wells Fargo&Co at 'overweight' with a price target of $49.00

An analyst from Morgan Stanley maintained Wells Fargo &Co (NYSE: WFC ) at 'overweight' with a price target of $49.00 from a prior price target of $47.00.
Prior to this rating, Wells Fargo&Co had 18 buy ratings, 9 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Wells Fargo&Co, click here. For more news on Wells Fargo&Co, click here.
Wells Fargo&Co's stock price closed at $44.74. They are up 6.8% in the last month and up 4.29% in the last 12 months.
According to Investing Pro, Wells Fargo&Co's fair value is $48.98, an upside of 9.47%. Wells Fargo&Co's fair value comes with a medium degree of uncertainty, according to InvestingPro.
Check out Wells Fargo&Co's recent earnings performance and financials here.

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