Morgan Stanley raised its price target for Wells Fargo & Company to $80.00, maintaining an "overweight" rating, while Barclays lowered its target to $87.00 with the same rating. Analysts show a consensus of "Moderate Buy" with an average price target of $75.73, as institutional investors continue to increase their stakes. The company recently reported earnings of $1.39 per share, exceeding estimates, and announced a $40 billion stock buyback program, indicating confidence in its valuation.