Wells Fargo (WFC)

The United States is currently navigating a period of sustained elevated long-term mortgage rates, a trend that continues to exert significant pressure on the housing market and casts a long shadow over the broader financial landscape. As of October 2, 2025, the average 30-year fixed mortgage rate hovers in the

Shares of data streaming platform provider Confluent (NASDAQ:CFLT) jumped 3.5% in the afternoon session after Wells Fargo initiated coverage on the company with an 'Overweight' rating and a $24 price target. 

Shares of cloud observability platform Dynatrace (NYSE:DT) jumped 3.1% in the afternoon session after Wells Fargo initiated coverage on the stock with an "Overweight" recommendation. An "Overweight" rating suggests the analyst believed the stock would perform better than the average stock in its sector. The firm's average one-year price target for Dynatrace was set at $63.85 per share.

The American farm sector is facing an increasingly dire financial situation as of October 2025, with experts describing it as an escalating crisis that threatens the solvency of countless family farms and carries profound implications for the broader U.S. economy. A confluence of factors – plummeting commodity prices, surging production

Shares of cloud data platform provider Snowflake (NYSE:SNOW) jumped 2.2% in the morning session after the company launched its first industry-specific artificial intelligence suite and received a new “Overweight” rating from Wells Fargo. 

Shares of database platform company MongoDB (NASDAQ:MDB) jumped 2.4% in the morning session after the stock extended its positive momentum as Wells Fargo initiated coverage on the company with an "Overweight" rating and a $430 price target. 

October 2, 2025 – While the broader U.S. stock market has recently celebrated record highs, propelled by fervent optimism in artificial intelligence (AI) innovation and the anticipation of forthcoming interest rate cuts by the Federal Reserve, a contrasting narrative is unfolding for a significant number of public companies. Across diverse

Check out the companies making headlines yesterday:

The S&P 500 has been on an unprecedented tear, reaching new record highs as of October 1, 2025, fueled by a confluence of factors including robust corporate earnings, a burgeoning artificial intelligence (AI) boom, and strategic interest rate adjustments by the Federal Reserve. Amidst this exuberant market environment, the

As the calendar turns to October 2025, a palpable sense of unease permeates global financial markets, fueled by dire predictions from renowned financial educator Robert Kiyosaki. The author of "Rich Dad Poor Dad" has consistently sounded the alarm, forecasting an impending "super-crash" that he warns could be the most catastrophic

Shares of customer platform provider HubSpot (NYSE:HUBS) fell 7.2% in the afternoon session after OpenAI announced internal software applications that could potentially compete with existing Software-as-a-Service (SaaS) offerings. The news sparked concerns across the sector, as OpenAI revealed internally developed tools for sales, inbound marketing, and customer support—core areas for HubSpot. According to TD Cowen analyst Derrick Wood, the announcement has "re-fueled the debate that SaaS is at risk of being displaced by DIY solutions on top of LLMs." The potential for OpenAI to enter the applications market with its own AI-native solutions triggered a broader sell-off among enterprise software stocks. Despite the negative sentiment, Wells Fargo initiated coverage on HubSpot with an "Overweight" rating and a price target of $685, signaling confidence in the company's long-term prospects.

Shares of go-to-market intelligence provider ZoomInfo (NASDAQ:GTM) fell 4.4% in the afternoon session after Wells Fargo initiated coverage on the software company with an 'Underweight' rating. The bank and analyst Ryan Macwilliams set a price target of $10.00 for the stock. This new coverage was part of a broader initiation by Wells Fargo on 18 small and mid-cap software stocks, with the bank highlighting artificial intelligence as a major turning point for the sector. While several other companies received 'Equal Weight' ratings, ZoomInfo was singled out with the negative 'Underweight' assessment, indicating that the bank is less optimistic about its future performance compared to its peers.

Shares of devSecOps platform provider GitLab (NASDAQ:GTLB) fell 3.3% in the afternoon session after Wells Fargo initiated coverage on the stock with a neutral 'Equal Weight' rating. The bank set a price target of $50 per share. According to the firm, the cautious stance stems from a challenging near-term outlook as GitLab implements a new go-to-market sales strategy while facing tougher year-over-year pricing comparisons. Wells Fargo also cited investor uncertainty regarding GitLab's guidance for the upcoming year as a factor. While acknowledging the company's impressive profit margins and revenue growth, the analyst prefers to wait for a better entry point as new leadership establishes itself and the competitive landscape evolves.

Wells Fargo launched coverage of Datadog shares with a bullish view and a head-turning price target.

Shares of cloud communications provider RingCentral (NYSE:RNG) jumped 0.5% in the afternoon session after Wells Fargo started coverage of the stock with an 'Equal Weight' rating and a $32.00 price target. The firm cited a "balanced setup" for the communications company. Analysts noted RingCentral could benefit from reduced competition as businesses continued to replace older phone systems. Wells Fargo also highlighted that the company's "low multiple helps the story" as it works on migrations and potential artificial intelligence features for existing customers. Despite these positive points, the bank expressed caution about RingCentral's heavy focus on voice products, which could limit growth without a better economy. While the firm's valuation was viewed as low compared to its peers, Wells Fargo stated it was "awaiting clearer signs of momentum before becoming more constructive.".

Shares of database platform company MongoDB (NASDAQ:MDB) jumped 2.4% in the afternoon session after Wells Fargo initiated coverage on the company with an "Overweight" rating and a $430 price target. The bank's analyst highlighted MongoDB's key position in the expanding artificial intelligence (AI) sector and its progress in agentic coding, a method where AI agents handle coding tasks on their own. The positive view was supported by the growing use of MongoDB's database architecture by companies developing AI products. This initiation followed other positive analyst actions and came after MongoDB recently launched its AI-powered Application Modernization Platform (AMP). The platform was designed to help businesses update their old applications more quickly, which reinforced the company's focus on AI-driven solutions.

Shares of customer engagement platform Twilio (NYSE:TWLO) jumped 1.4% in the afternoon session after Wells Fargo initiated coverage on the stock with an "Overweight" rating and a $130 price target. The bank's positive view stemmed from several key points. The firm cited the company's low risk of disruption from artificial intelligence and saw benefits from its role in providing infrastructure for voice AI. Additionally, analysts pointed to growth potential from the ongoing buildout of Rich Communication Services (RCS), an advanced messaging standard. The company's capacity for strong free cash flow generation was also noted as a significant financial strength.

Shares of cloud monitoring platform Datadog (NASDAQ:DDOG) jumped 5.5% in the afternoon session after Wells Fargo initiated coverage of the company with an "Overweight" rating and a $190 price target. 

Redmond, WA – October 1, 2025 – Microsoft Corporation (NASDAQ: MSFT) is currently riding a wave of unprecedented optimism, with its stock price outlook experiencing a significant uplift driven by stellar financial performance, a flurry of analyst upgrades, and an overwhelmingly positive market sentiment. The tech giant's aggressive and successful pivot into

Amazon’s forming triple top makes Wells Fargo’s upgrade all the more noteworthy. and the stock now faces a decisive test to break $240 in the coming weeks.

Get ready for the stock to reflect that.

Washington, D.C. – September 30, 2025 – As the United States government stands on the precipice of a shutdown at midnight tonight, the financial markets, particularly the mortgage sector, are bracing for a period of heightened uncertainty. While some analysts suggest a potential, albeit temporary, dip in mortgage rates as investors

U.S. consumer confidence has taken a significant hit in September 2025, reaching its lowest point in months, according to recent reports from both The Conference Board and the University of Michigan. This sharp decline in sentiment signals growing apprehension among American households regarding the nation's economic trajectory, fueled by

As September 30, 2025, draws to a close, the Financials sector has exhibited a mixed but largely resilient performance, reflecting a delicate balance between evolving interest rate expectations and a nuanced economic growth outlook. Today's trading saw investors cautiously optimistic about the potential for stabilized, albeit still elevated, interest rates,

Shares of global advertising giant Omnicom Group (NYSE:OMC) jumped 4% in the afternoon session after the stock's positive momentum continued amid improved Wall Street sentiment as Wells Fargo upgraded the company's stock from "equal weight" to "overweight" and increased the price target. The firm boosted its price forecast for Omnicom Group to $91 from a previous target of $78.