Wells Fargo (WFC)

Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100, suggesting a potential 24.86% upside from the previous closing price. This bullish outlook from a major financial institution signals confidence in Uber's growth prospects and market expansion potential. The move reflects growing optimism on Wall Street, where the majority of analysts covering the stock maintain a "buy" or equivalent rating.

Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM after selling his stakes in Bank of America, JPMorgan Chase, and Wells Fargo.

The banking sector is now pushing for some of the most aggressive buyback programs in the market, pointing to higher prices ahead in the space.

The top U.S. bank, JPMorgan & Chase, boosted its dividend to $1.50 a share from $1.40 per share and launched a share buyback plan worth $50 billion.

Wall Street's biggest banks are rewarding shareholders with a wave of dividend hikes and buybacks totaling more than $100 billion, after clearing the Federal Reserve's 2025 stress test with capital left to spare.

Snap Inc. (NYSE: SNAP) shares are trading higher Tuesday after Wells Fargo raised its price target on the stock from $8 to $11, citing stronger-than-expected revenue growth in a stabilizing ad market.

Goldman Sachs analysts are betting that new Fed rules will free up an estimated $5.5 trillion on bank balance sheets.

Citigroup said the bank is a ‘big winner’ from the test, as its SCB levels are expected to decrease.

The company anticipates incurring $150 million in additional costs due to tariffs in FY26.

Wall Street Keeps Climbing as Deals, AI Drama, and Trade Winds Stir Up the Market

Goldman Sachs led rallying bank stocks after getting high marks on the Federal Reserve stress test. More buybacks and dividends are expected.

While Dow Jones futures climbed 0.56% at the time of writing, the S&P 500 futures gained 0.45%.

The Supreme Court upheld the Affordable Care Act’s no-cost insurance mandate for preventive care, including HIV PrEP, a move analysts say supports broad access to Gilead’s new drug Yeztugo.

Since June 2020, the S&P 500 has delivered a total return of 99.4%. But one standout stock has more than doubled the market - over the past five years, Wells Fargo has surged 216% to $80.90 per share. Its momentum hasn’t stopped as it’s also gained 14.9% in the last six months, beating the S&P by 10.4%.

It's a high-risk, high-potential-reward exchange-traded fund for bold investors.

Netflix and Spotify stock are in record-high territory, and Wall Street analysts are raising their price targets to keep up.