Selected stock price target news of the day - April 14th, 2025

By: Matthew Otto

Wells Fargo Beats Q1 Profit Expectations Despite Weaker Interest Income Guidance

Wells Fargo reported first-quarter earnings that surpassed analyst expectations, earning $1.33 per share on an adjusted basis, beating the $1.24 consensus estimate from LSEG. Net income reached $4.62 billion, while expenses declined 3% year-over-year to $13.89 billion, below expectations of $14.06 billion. Credit loss provisions totaled $932 million, less than the anticipated $1.22 billion, as credit quality remained stable.

Investment banking fees rose 24% year-over-year to $775 million, driven by activity in debt capital markets. However, net interest income (NII) fell 6% to $11.5 billion, missing expectations of $11.84 billion, due in part to soft loan growth and lower commercial loan yields. Wells Fargo also recorded $149 million in losses from repositioning its securities portfolio.

Wells Fargo lowered its outlook for full-year NII to the low end of its previously stated range of 1% to 3% growth. CEO Charlie Scharf cited uncertainty stemming from recent U.S. tariff actions and their potential to slow economic growth, warning of “continued volatility” ahead. Wells Fargo’s workforce fell to 215,367 employees as of March 31, down from 217,502 at the end of 2024, continuing a multi-year trend of headcount reductions.

Regulatory reform remains in focus, with five consent orders closed so far in 2025, up from just one in 2024. Wells Fargo has now resolved 11 consent orders since 2019, with three still pending. Wells Fargo remains under a $1.95 trillion asset cap imposed after its 2016 fake accounts scandal.

Analysts Lower Price Targets on Tariff Concerns

Morgan Stanley analyst Simeon Gutman maintained an Overweight rating yet lowered the price target from $530 to $300.
Baird analyst Peter Benedict kept a Neutral rating but reduced the price target from $400 to $215.
Citigroup analyst Steven Zaccone downgraded from Buy to Neutral and the price target from $437 to $200.
Telsey Advisory Group analyst Cristina Fernandez maintained an Outperform rating, yet lowered the price target from $420 to $280.

Which Analyst has the best track record to show on WFC?

Analyst Scott Siefers (PIPER SANDLER) currently has the highest performing score on WFC with 9/10 (90%) price target fulfillment ratio. His price targets carry an average of $14.92 (24.03%) potential upside. Wells Fargo stock price reaches these price targets on average within 592 days.

Morgan Stanley First-Quarter Results Exceed Estimates with Boost from Trading Revenue

Morgan Stanley reported first-quarter 2025 earnings of $4.32 billion, or $2.60 per share, up from $3.4 billion, or $2.02 per share, in the same quarter a year earlier. This exceeded analysts’ expectations of $2.20 per share, according to LSEG.

Total revenue rose 17% to $17.74 billion from $15.72 billion a year ago, also beating the $16.58 billion consensus estimate. Equity trading revenue increased 45% year-over-year to $4.13 billion, $840 million above the StreetAccount estimate, with performance across regions, particularly in Asia. Fixed income trading revenue grew 5% to $2.6 billion, in line with forecasts. Investment banking revenue rose 8% to $1.56 billion, slightly below the expected $1.61 billion.

Revenue from the Institutional Securities division increased to $9 billion from $7 billion a year earlier. “Other revenue” within this segment reached $692 million, compared with $242 million in Q1 2024, reflecting a profit from the sale of a loan related to the 2022 acquisition of X. Wealth management revenue totaled $7.33 billion, up 6% from $6.9 billion, consistent with expectations.

Analysts Hold Ratings but Trim Targets After Q1 Beat

Wells Fargo analyst Whit Mayo maintained an Equal-Weight rating but reduced the price target from $130 to $120.
JMP Securities analyst Devin Ryan reiterated a Market Perform rating.

Which Analyst has the best track record to show on MS?

Analyst Richard Ramsden (GOLDMAN SACHS) currently has the highest performing score on MS with 5/6 (83.33%) price target fulfillment ratio. His price targets carry an average of $6.15 (5.13%) potential upside. Morgan Stanley stock price reaches these price targets on average within 169 days.

Apple Confronts Rising Tariff Costs Amid Global Trade Shifts

Apple remains deeply exposed to U.S.-China trade tensions, with Chinese exports now facing a cumulative U.S. tariff rate of 145%. Despite diversification efforts, China still accounts for 90% of iPhone production, 80% of iPad assembly, and over 50% of Mac manufacturing. In 2023, of the 77 million iPhones shipped to the U.S., around 61.6 million units (80%) came from China, according to Omdia.

Tariffs at the current level could force Apple to raise prices on China-sourced phones by up to 85% to preserve profit margins. UBS estimates that new tariffs could increase the price of an iPhone by $350, while Morgan Stanley projects overall product price hikes between 17% and 18%. Wedbush estimates a U.S.-assembled iPhone would cost approximately $3,500, compared to the current $1,199 for the iPhone 16 Pro Max.

In the weeks before the tariffs took effect, Apple reportedly shipped around 600 tons of iPhones—roughly 1.5 million units—from India to the U.S., aiming to mitigate short-term disruptions. However, India’s iPhone production only began scaling up in recent years, with Pro and Pro Max models manufactured locally for the first time in 2024. Omdia estimates that meeting U.S. demand with Indian production could take one to two years.

Meanwhile, new U.S. tariffs ranging from 26% to 46% have been applied to imports from India, Vietnam, and Thailand, with a recent reduction to 10% for select goods following a 90-day reprieve. Apple has committed to investing $500 billion in the U.S. and creating 20,000 jobs.

Analysts Adjust Ratings Amid Tariff Pressures and Supply Chain Uncertainty

KeyBanc analyst Brandon Nispel upgraded Apple from Underweight to Sector Weight.
Needham analyst Laura Martin reiterated her Buy rating and a $225 price target.
JPMorgan analyst Samik Chatterjee kept an Overweight rating but lowered price target from $270 to $245.

Which Analyst has the best track record to show on AAPL?

Analyst David Vogt (UBS) currently has the highest performing score on AAPL with 34/34 (100%) price target fulfillment ratio. His price targets carry an average of $15.63 (7.09%) potential upside. Apple stock price reaches these price targets on average within 160 days.