Wells Fargo Cuts Price Targets for Three Companies
Wells Fargo lowered targets for Royal Caribbean, Kinsale Capital and Zillow, while keeping Equal-Weight ratings on the latter two, Benzinga reports.
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what happened
According to Benzinga information referenced by Newsmetry API, Wells Fargo cut Royal Caribbean Group’s price target to $358.00 per share from $388.00. The report includes a link to Benzinga’s analyst-ratings section.
The target for Kinsale Capital Group was reduced to $348.00 per share from $377.00. Wells Fargo maintained its Equal-Weight rating on the company, indicating an expectation of performance in line with the market.
For Zillow Group, Wells Fargo lowered the price target to $31.00 per share from $35.00 and also maintained an Equal-Weight rating. All three actions were listed in Benzinga’s analyst-ratings materials.
why it matters
The changes represent Wells Fargo’s updated assessments of three publicly traded companies. Lower targets may matter to investors tracking analyst actions, but they do not by themselves constitute a forecast of share-price performance.
instruments
sources
- Royal Caribbean Group Price Target Cut to $358.00/Share From $388.00 by Wells Fargo — Newsmetry API, 12 October 2026 at 14:40 UTC
- Kinsale Capital Group Price Target Cut to $348.00/Share From $377.00 by Wells Fargo — Newsmetry API, 12 October 2026 at 15:11 UTC
- Zillow Group Price Target Cut to $31.00/Share From $35.00 by Wells Fargo — Newsmetry API, 12 October 2026 at 15:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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