Wells Fargo Initiates Coverage on Overweight, Sets PT at $128.

Wells Fargo Initiates Coverage on Overweight, Sets PT at $128.

Wells Fargo analyst Elyse Greenspan has initiated coverage on Equitable Holdings (EQH) with an "Overweight" rating and a price target of $128. This marks a significant increase from the previous price target of $63, a 4.55% decline set in August 2025 [1]. The new target implies a substantial 150.88% upside from the current price of $51.45.

The revised price target reflects Equitable Holdings' robust performance, particularly in its Asset Management segment, which generates the majority of its revenue. The company has seen a surge in institutional investment, with notable acquisitions by Cetera Investment Advisers and Donoghue Forlines LLC during the first quarter [1]. These developments, coupled with a strong institutional ownership of 92.70% and a dividend yield of 2.1%, have bolstered Equitable Holdings' investment appeal.

Despite the positive outlook, Equitable's stock has experienced recent fluctuations, with a 52-week low of $37.72 and a 52-week high of $56.61. The company's market capitalization stands at approximately $15.18 billion, underscoring its substantial role in the financial sector [2].

Investors should closely monitor Equitable Holdings' performance and stay updated with the latest analyst reports and market trends. The company's strong fundamentals and continued growth in its Asset Management segment position it well for future success.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-cetera-investment-advisers-takes-position-in-equitable-holdings-inc-nyseeqh-2025-08-08/
[2] https://site.financialmodelingprep.com/market-news/equitable-holdings-inc-eqh-financial-overview-future-outlook