Wells Fargo keeps Overweight rating on seven companies
Wells Fargo reiterated its Overweight rating on seven companies. Its Boeing target was cut to $210, while Dynatrace and Commvault targets were raised.
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what happened
On October 28, Wells Fargo reiterated its Overweight rating on seven US-listed companies: Enphase Energy, TransUnion, Landstar, Boeing, Freeport-McMoRan, Dynatrace and Commvault Systems. Dow Jones Newswires reported the actions, citing Benzinga's ratings feed.
Alongside the reiterations, the bank changed price targets on three stocks. Boeing's target was lowered from $250 to $210 per share, while Dynatrace's rose from $60 to $75 and Commvault Systems' from $155 to $185.
why it matters
Reiterated ratings of this kind are routine and rarely move the market on their own. A price-target change reflects the analyst's own valuation rather than company news, which makes the Boeing cut the most notable entry in this batch.
tags
instruments
sources
- Enphase Energy Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 13:23 UTC
- TransUnion Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 13:49 UTC
- Landstar Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 14:02 UTC
- Boeing Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 13:57 UTC
- Freeport-McMoRan Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 14:14 UTC
- Dynatrace Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 14:36 UTC
- Commvault Systems Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 14:41 UTC
- Vistra Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 28 October 2026 at 15:30 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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