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Wells Fargo raises price targets on Mondelez, Shell and Antero Resources

Wells Fargo raised price targets on Mondelez, Shell and Antero Resources while keeping its existing ratings on all three stocks, per Dow Jones Newswires.

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what happened

Wells Fargo raised its price targets on three companies at once, according to Dow Jones Newswires, which cited Benzinga ratings data. The Mondelez target moved from $65 to $68 a share, the Shell target from $105 to $116, and the Antero Resources target from $57 to $58.

In all three cases the bank left its ratings unchanged: Overweight for Mondelez and Antero Resources, and Equal-Weight for Shell.

why it matters

Price target changes reflect the brokerage's own valuation work and usually move the market only briefly. For energy investors, oil and gas prices and company results remain the bigger drivers. The unchanged ratings suggest the bank's overall view of these stocks has not shifted.

tags

Analyst RatingStockUnited StatesUnited Kingdom

instruments

ShellAntero ResourcesMondelez

sources

  1. Mondelez Price Target Raised to $68.00/Share From $65.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 15:54 UTC
  2. Shell Price Target Raised to $116.00/Share From $105.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:06 UTC
  3. Antero Resources Price Target Raised to $58.00/Share From $57.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:04 UTC
  4. DT Midstream Price Target Raised to $167.00/Share From $165.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:27 UTC
  5. Intercontinental Exchange Price Target Raised to $167.00/Share From $160.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:43 UTC
  6. Eli Lilly Price Target Raised to $1500.00/Share From $1330.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 16:57 UTC
  7. Merit Medical Price Target Raised to $92.00/Share From $83.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 17:02 UTC
  8. PTC Therapeutics Price Target Raised to $112.00/Share From $109.00 by Wells Fargo — Dow Jones Newswires, 30 October 2026 at 17:06 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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