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WFC Analysis
Published 10 hours agoAll 22 largest US banks pass Fed stress test; Wells Fargo, Goldman Sachs lead dividend hikes.
Intel is selling $840M in Mobileye shares; Mobileye plans $100M buyback; target raised to $24Intel Offers 45M Mobileye Shares in $840M Secondary Offering; Mobileye Plans $100M Buyback, Wells Fargo Raises Target to $24
Wells Fargo and Roth Capital raised targets for Meta, Amazon, Alphabet, and Magnite on AI optimismWells Fargo, Roth Capital Boost Big-Tech Targets on AI Revenue Hopes
Uber hit a record high after Wells Fargo raised its target to $120Uber Hits Record as Wells Fargo Boosts Target to $120
All 22 largest U.S. banks passed the Fed’s 2025 stress test; dividend hikes and buybacks announcedFederal Reserve Says All 22 Largest U.S. Banks Pass 2025 Stress Test With $550 Billion Losses, Goldman Sachs and Wells Fargo Lead Dividend Increases
Wells Fargo shares rose 2.4% post-stress test; Bank of America, JPMorgan, and Morgan Stanley also upFederal Reserve Says All 22 Largest U.S. Banks Pass 2025 Stress Test With $550 Billion Losses, Goldman Sachs and Wells Fargo Lead Dividend Increases
Morgan Stanley announced an $20B buyback; several banks raised dividendsFederal Reserve Says All 22 Largest U.S. Banks Pass 2025 Stress Test With $550 Billion Losses, Goldman Sachs and Wells Fargo Lead Dividend Increases
Microsoft received target hikes to $585 (Wells Fargo) and $600 (Wedbush) on AI/cloud strengthWells Fargo, Wedbush Lift Microsoft Targets on $100 B AI Outlook
Tesla rallied 10% on robotaxi news but faces bearish outlook: Wells Fargo projects 21% delivery drop, $1.9B FCF burnTesla Robotaxi Debut Spurs 10% Rally While Wells Fargo Sees $1.9 Billion Cash BurnWells Fargo Downgrades Tesla to Underweight, Forecasts 21% Delivery Drop, $1.9 Billion FCF Burn, Shares Fall 3.67%
Wolfe upgraded Datadog to Outperform ($150 PT); Wells Fargo raised Zscaler to Overweight ($385 PT)Wolfe Upgrades Datadog to Outperform with $150 PT; Wells Fargo Raises Zscaler to Overweight, $385 PT, 20%+ FY25 Growth
Wells Fargo sees strong credit quality but notes 25% Q2 drop in investment banking feesBank of America CEO Moynihan: U.S. Banks Including Wells Fargo, Citigroup See 25% Q2 Investment Banking Fee Drop Amid 5% Consumer Spending Rise
JPMorgan’s Dimon warns of potential credit stress if unemployment rises; expects SLR rule changesJPMorgan CEO Dimon Urges M&A, Maintains ROTCE Target, Cautions on Credit Buying, Notes Wells Fargo Recovery and Potential SLR Changes
Wells Fargo set a $120 price target for Tesla, forecasting a 60%+ stock declineWells Fargo Sets $120 Target for Tesla, Projects 21% Q2 Delivery Drop and 60% Stock Decline
Commentary
Major U.S. banks cleared the Fed’s 2025 stress test, confirming strong capital positions even under severe recession scenarios. This has triggered a wave of dividend increases and buyback announcements across the sector, supporting recent gains in bank shares. However, management commentary remains cautious: Wells Fargo flagged a sharp 25% drop in Q2 investment banking fees and noted weaker consumer risk appetite, while JPMorgan’s Jamie Dimon warned that credit risk could rise if unemployment ticks higher. Regulatory changes to leverage ratios (SLR) are also on the horizon.
Tech and AI stocks continue to attract bullish analyst attention. Wells Fargo and Roth Capital raised price targets for Meta, Amazon, and Alphabet, citing improved fundamentals and AI-driven revenue growth. Microsoft saw its target lifted to as high as $600 on expectations for a $100B AI business, while upgrades for Datadog and Zscaler highlight ongoing strength in cloud and cybersecurity spending.
Tesla remains volatile: shares surged on the robotaxi pilot in Austin, but Wells Fargo reiterated a bearish view, projecting a 21% decline in deliveries and a $1.9B free cash flow deficit for 2025. The bank’s $120 price target implies significant downside risk. Option markets are showing increased demand for downside protection in Tesla, Alphabet, and Meta.
Elsewhere, Intel’s $840M Mobileye share sale and Mobileye’s $100M buyback reflect both Intel’s need for liquidity and confidence in Mobileye’s prospects, with Wells Fargo raising its target to $24. Uber’s record high and target boost underscore continued momentum in ride-hailing and delivery.
Traders should monitor upcoming bank earnings for further credit quality signals, regulatory updates, and any shifts in consumer or loan growth data. Tech and AI remain key drivers, but volatility in high-profile names like Tesla and ongoing macro uncertainty warrant a disciplined approach.
WFC Analysis
Published 10 hours agoAll 22 largest US banks pass Fed stress test; Wells Fargo, Goldman Sachs lead dividend hikes.
Intel is selling $840M in Mobileye shares; Mobileye plans $100M buyback; target raised to $24Intel Offers 45M Mobileye Shares in $840M Secondary Offering; Mobileye Plans $100M Buyback, Wells Fargo Raises Target to $24
Wells Fargo and Roth Capital raised targets for Meta, Amazon, Alphabet, and Magnite on AI optimismWells Fargo, Roth Capital Boost Big-Tech Targets on AI Revenue Hopes
Uber hit a record high after Wells Fargo raised its target to $120Uber Hits Record as Wells Fargo Boosts Target to $120
All 22 largest U.S. banks passed the Fed’s 2025 stress test; dividend hikes and buybacks announcedFederal Reserve Says All 22 Largest U.S. Banks Pass 2025 Stress Test With $550 Billion Losses, Goldman Sachs and Wells Fargo Lead Dividend Increases
Wells Fargo shares rose 2.4% post-stress test; Bank of America, JPMorgan, and Morgan Stanley also upFederal Reserve Says All 22 Largest U.S. Banks Pass 2025 Stress Test With $550 Billion Losses, Goldman Sachs and Wells Fargo Lead Dividend Increases
Morgan Stanley announced an $20B buyback; several banks raised dividendsFederal Reserve Says All 22 Largest U.S. Banks Pass 2025 Stress Test With $550 Billion Losses, Goldman Sachs and Wells Fargo Lead Dividend Increases
Microsoft received target hikes to $585 (Wells Fargo) and $600 (Wedbush) on AI/cloud strengthWells Fargo, Wedbush Lift Microsoft Targets on $100 B AI Outlook
Tesla rallied 10% on robotaxi news but faces bearish outlook: Wells Fargo projects 21% delivery drop, $1.9B FCF burnTesla Robotaxi Debut Spurs 10% Rally While Wells Fargo Sees $1.9 Billion Cash BurnWells Fargo Downgrades Tesla to Underweight, Forecasts 21% Delivery Drop, $1.9 Billion FCF Burn, Shares Fall 3.67%
Wolfe upgraded Datadog to Outperform ($150 PT); Wells Fargo raised Zscaler to Overweight ($385 PT)Wolfe Upgrades Datadog to Outperform with $150 PT; Wells Fargo Raises Zscaler to Overweight, $385 PT, 20%+ FY25 Growth
Wells Fargo sees strong credit quality but notes 25% Q2 drop in investment banking feesBank of America CEO Moynihan: U.S. Banks Including Wells Fargo, Citigroup See 25% Q2 Investment Banking Fee Drop Amid 5% Consumer Spending Rise
JPMorgan’s Dimon warns of potential credit stress if unemployment rises; expects SLR rule changesJPMorgan CEO Dimon Urges M&A, Maintains ROTCE Target, Cautions on Credit Buying, Notes Wells Fargo Recovery and Potential SLR Changes
Wells Fargo set a $120 price target for Tesla, forecasting a 60%+ stock declineWells Fargo Sets $120 Target for Tesla, Projects 21% Q2 Delivery Drop and 60% Stock Decline
Commentary
Major U.S. banks cleared the Fed’s 2025 stress test, confirming strong capital positions even under severe recession scenarios. This has triggered a wave of dividend increases and buyback announcements across the sector, supporting recent gains in bank shares. However, management commentary remains cautious: Wells Fargo flagged a sharp 25% drop in Q2 investment banking fees and noted weaker consumer risk appetite, while JPMorgan’s Jamie Dimon warned that credit risk could rise if unemployment ticks higher. Regulatory changes to leverage ratios (SLR) are also on the horizon.
Tech and AI stocks continue to attract bullish analyst attention. Wells Fargo and Roth Capital raised price targets for Meta, Amazon, and Alphabet, citing improved fundamentals and AI-driven revenue growth. Microsoft saw its target lifted to as high as $600 on expectations for a $100B AI business, while upgrades for Datadog and Zscaler highlight ongoing strength in cloud and cybersecurity spending.
Tesla remains volatile: shares surged on the robotaxi pilot in Austin, but Wells Fargo reiterated a bearish view, projecting a 21% decline in deliveries and a $1.9B free cash flow deficit for 2025. The bank’s $120 price target implies significant downside risk. Option markets are showing increased demand for downside protection in Tesla, Alphabet, and Meta.
Elsewhere, Intel’s $840M Mobileye share sale and Mobileye’s $100M buyback reflect both Intel’s need for liquidity and confidence in Mobileye’s prospects, with Wells Fargo raising its target to $24. Uber’s record high and target boost underscore continued momentum in ride-hailing and delivery.
Traders should monitor upcoming bank earnings for further credit quality signals, regulatory updates, and any shifts in consumer or loan growth data. Tech and AI remain key drivers, but volatility in high-profile names like Tesla and ongoing macro uncertainty warrant a disciplined approach.
