KBW keeps Market Perform on Goldman Sachs and Wells Fargo and trims both price targets
Keefe, Bruyette & Woods kept Market Perform ratings on Goldman Sachs and Wells Fargo while lowering the price targets on both stocks.
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what happened
On October 14, 2026, analysts at Keefe, Bruyette & Woods (KBW) maintained their Market Perform rating on Goldman Sachs and Wells Fargo shares. The firm lowered its Goldman Sachs price target to $1100 per share from $1130, and its Wells Fargo target to $90 from $94.
The ratings actions were reported by Benzinga, which published the data at 16:22 and 16:23 GMT.
why it matters
For investors, the move means KBW has slightly tempered its view of two large banks while keeping a neutral stance. Small target adjustments rarely change the overall picture, but they help track sentiment across the banking sector.
tags
instruments
sources
- Goldman Sachs Is Maintained at Market Perform by Keefe, Bruyette & Woods — Newsmetry API, 14 October 2026 at 16:22 UTC
- Wells Fargo Is Maintained at Market Perform by Keefe, Bruyette & Woods — Newsmetry API, 14 October 2026 at 16:23 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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