macro

Wells Fargo Raises Price Targets on Wayfair, Kraft Heinz and McDonald's

Wells Fargo lifted its price target on Wayfair to $140, Kraft Heinz to $24 and McDonald's to $300, keeping Overweight ratings on Wayfair and McDonald's.

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what happened

Wells Fargo raised price targets on three companies at once. According to Dow Jones Newswires, its target for Wayfair rose from $130 to $140 a share, and the Overweight rating was maintained. For Kraft Heinz, the bank moved its target from $23 to $24, and for McDonald's from $270 to $300, with the Overweight rating on McDonald's also unchanged.

The rating data was published by Benzinga between 14:19 and 14:23 GMT on November 5, 2026.

why it matters

A single broker's price target changes usually have limited impact on the broader market, especially when major macro data or company earnings are in focus. Such moves mainly signal a shift in one analyst's view of individual stocks and may be weighed by investors alongside other research.

tags

instruments

WayfairKraft HeinzMcDonald's

sources

  1. Wayfair Price Target Raised to $140.00/Share From $130.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 14:20 UTC
  2. Kraft Heinz Price Target Raised to $24.00/Share From $23.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 14:19 UTC
  3. McDonald's Price Target Raised to $300.00/Share From $270.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 14:23 UTC
  4. Scotts Miracle-Gro Price Target Raised to $76.00/Share From $71.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 14:27 UTC
  5. Freshpet Price Target Raised to $84.00/Share From $77.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 14:30 UTC
  6. Wayfair Price Target Raised to $140.00/Share From $130.00 by Evercore ISI Group — Dow Jones Newswires, 5 November 2026 at 14:45 UTC
  7. United Therapeutics Price Target Raised to $703.00/Share From $700.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 15:31 UTC
  8. FactSet Research Price Target Raised to $290.00/Share From $250.00 by Wells Fargo — Dow Jones Newswires, 5 November 2026 at 16:13 UTC

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

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