BofA raised the firm’s price target on Wells Fargo (WFC) to $86 from $84 and keeps a Buy rating on the shares after Q4 EPS of $1.43 and FY25 net interest income growth guidance of 1%-3% year-over-year topped expectations. Driven by a higher NII outlook and lower expenses, the firm raised its FY25 and FY26 EPS estimates by 5% to $6.00 and $7.20, respectively.
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